Sudetenland Tales by Edward Drobinski - HTML preview
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Sudetenland Tales
Page 585
Limited Liability Company (LLC). The LLC owns the land, and all residents must be shareholders. Shareholders have specific lots of land tied to their share in the LLC and have exclusive use of their own property. Improvements made to lots are reflected in the value of their shares, so members can invest securely in developing their property and are free to sell their shares at whatever asking price they choose.
Private Membership Association (PMA). The PMA approves who can buy shares. This restricts ownership to vetted individuals.
LLC statutes allow for "share transfer restrictions," making transfers private and beyond the reach of federal housing laws. The PMA further restricts membership, ensuring a cohesive community. As a result, we're able to exercise our right to free association privately and securely. Moreover, our LLCs can hold property in a way that keeps members anonymous and free from harassment.
This framework is not theoretical. We have started building these communities and are expanding. Our flagship project in northern Arkansas is well underway, with residents living and working on the land. We invite you to contact us or attend one of our events. We build peaceful, secure communities for uncertain times.