LMCP_Hall Association

Nonprofits such as hall associations refer to their owners as “members,” rather than shareholders. Halls can have one member/owner or multiple members/owners. Generally, a hall will have one “member/owner” that is a lodge. In some instances, however, more than one lodge may share ownership of a hall. In still other instances, one or more lodges may share ownership of a hall with another entity that is not a lodge, like an Eastern Star Chapter. For clarity, we typically use the term “owners” throughout this course.

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