Thursday, March 26, 2015

I am an RMO for my company right now. Can I be an RME for another corporate company?

Question

I am an RMO for my company right now. Can I be an RME for another corporate company?



Answer

No, not an RME. You can, however, be the RMO for another entity IF one of the following exists:

There is >/= 20% common ownership between the two entities; or

One entity is a subsidiary of, or participating in a licensed joint venture with the first company; or

The majority of partners or officers are the same for both companies.



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