• @OsrsNeedsF2P@lemmy.ml
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    110 months ago

    Thanks again for your inaccurate comment. I’m not sure why you insist on telling me to ask lawyers about things I literally said I paid lawyers for in my parent comment.

    I’ve talked with lawyers who helped me navigate the subject, and spent over 1,000$ in fees to do so. What you said again, is false. Having a not for profit means neither myself nor my contributors can be easily punished directly for our work (excluding some logic about piercing the corporate veil, which is highly unlikely). The whole idea of legal entities is so they can take the legal risk and fall for risky business activities. The not for profit may fold and go bankrupt if sued, but that outcome is hundreds of times better than me being personally sued.