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To: "William L. Thomson Jr." <wltjr@g.o>
From: Kumba <kumba@g.o>
Subject: Re: Gentoo Foundation bank account
Date: Sat, 02 Aug 2008 16:15:42 -0400
William L. Thomson Jr. wrote:
> 
> We can give them a shot, but most banks will likely need to operate in
> the state we are registered in. You can't conduct business in a state,
> without a business license and other things. I believe that applies to a
> bank as well. Since a bank would be opening an account for a New Mexico
> entity. That would constitute them doing business in New Mexico.
> 
> It's not the same as a customer being remote, and say the account being
> created and existing in Maryland. Otherwise my local bank, or any bank
> really could choose to open a remote account.
> 
> That said it can't hurt to give them a call. But I doubt we can proceed
> with them because of the above.

Yeah, I figure there are probably gotchas involved.  My company is registered 
next door in VA, though, so they probably cut us some slack.  I don't know if we 
have a specific business license for MD (though we operate a couple of lockboxes 
in MD).  But I figured there was no harm in naming them.  Ya never know.


-- 
Joshua Kinard
Gentoo/MIPS
kumba@g.o

"The past tempts us, the present confuses us, the future frightens us.  And our 
lives slip away, moment by moment, lost in that vast, terrible in-between."

--Emperor Turhan, Centauri Republic


References:
Gentoo Foundation bank account
-- William L. Thomson Jr.
Re: Gentoo Foundation bank account
-- Kumba
Re: Gentoo Foundation bank account
-- William L. Thomson Jr.
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Updated Jun 17, 2009

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