Patents by Inventor Douglas M. Durbano

Douglas M. Durbano has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • LIMITED LIABILITY BANKING STRUCTURE INVOLVING MEMBER BANKING AND METHOD OF USE
    Publication number: 20090138414
    Abstract: A limited liability banking structure and method of use, wherein individual depositors or customer/owners, collectively referred to as “members,” may share in the profits and losses of the bank in order to stimulate deposits or capital raising, and still enjoy the benefits of limited individual liability and partnership taxation. Various classes of members offer a variety of associated, but unique, benefits including the pass through of certain profits or tax losses. The banking entity profits are not taxed at the entity level, but only as such profits are passed through to its various classes of members.
    Type: Application
    Filed: November 26, 2008
    Publication date: May 28, 2009
    Inventor: DOUGLAS M. DURBANO
  • Limited liability banking structure involving member banking and method of use
    Publication number: 20040111372
    Abstract: A limited liability banking structure and method of use, wherein individual depositors or customer/owners, collectively referred to as “members,” may share in the profits and losses of the bank in order to stimulate deposits or capital raising, and still enjoy the benefits of limited individual liability and partnership taxation. Various classes of members offer a variety of associated, but unique, benefits including the pass through of certain profits or tax losses. The banking entity profits are not taxed at the entity level, but only as such profits are passed through to its various classes of members.
    Type: Application
    Filed: November 3, 2003
    Publication date: June 10, 2004
    Inventor: Douglas M. Durbano