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TEXAS ETHICS COMMISSION IN THE MATTER OF ASSOCIATION OF CONVENIENCE STORE RETAILERS, RESPONDENTBEFORE THE TEXAS ETHICS COMMISSIONSC3130345ORDER and AGREED RESOLUTION I. Recitals The Texas Ethics Commission
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An association of convenience refers to a formal arrangement or relationship often established for specific legal or operational purposes, typically involving regulatory compliance or business operations with minimal ongoing engagement.
Entities, businesses, or organizations that engage in activities warranting regulatory oversight, or those seeking any legal benefits tied to a formal association structure are typically required to file an association of convenience.
To fill out an association of convenience, one must complete the required forms, providing accurate details about the organization, its members, purpose, and compliance aspects as outlined by the relevant regulatory authority.
The purpose of an association of convenience is to establish a recognized framework for cooperation, compliance, and legal standing among participating entities, which simplifies legal processes and provides clarity in business transactions.
The information that must be reported includes the names and addresses of the entity's members, purpose of the association, duration, and any relevant financial information necessary for compliance.
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