Mehmet Oz, widely recognized as television’s “Dr. Oz” and President-elect Donald Trump’s nominee to head Medicare and Medicaid, has sparked controversy over resurfaced remarks from a 2013 speech, where he addressed the balance between personal and governmental responsibility for the uninsured.Dr. Oz...
That wouldn’t work because there is no regulation. It’s very easy to spend all profits on stock buybacks and say you’re now non profit
Nonprofits are non stock issuing; since there are no shares, they can’t have any buybacks.