I've learned through discussions with various people I've met in Rhode Island that there are many co-ops operating throughout the state that have never filed any kind of paperwork with the state government. For example, I think that the Secretary of State requires one to file articles of incorporation for many (perhaps all?) business entities formed in RI, but I've encountered more than ten different people who claim to be operating a co-op and who have also never filed any forms with the Sec. State.
This seems like an attractive option to me, but I'm skeptical that it is actually permitted by state law. Can anyone speak from experience on the legality (and if it is allowed, also the wisdom) of this choice? In particular, where (if anywhere) does the law elaborate on this type of business entity? I'd like to know specifics such as whether or not there are annual income limits and number of co-op member limits before the state will consider the co-op illegal.