Corporate Law

Which states recognize series LLCs? Some states allow you to form a series LLC and other states don’t. Other states that have a series LLC option include Alabama, Arkansas, Delaware, District of Columbia, Illinois, Indiana, Iowa, Kansas, Missouri, Montana, Nevada, North Dakota, Oklahoma, Puerto Rico, Tennessee, Texas, Utah, Virginia, Wyoming. Read more on www.thebalancesmb.com Limited … Read more

How do I dissolve an entity in Delaware? Delaware’s General Corporation Law (“”GCL””) provides for voluntary dissolution through a stockholder vote at a stockholder meeting. Before the vote, your board of directors must adopt a resolution to dissolve, submit it to the stockholders, and call the stockholder meeting to vote on the matter. Read more … Read more

Does a corporation have to have stock? Every corporation must have at least one type of stock. This rule even applies to S corporations, but they are limited to 100 total shares and only one type of stock. The term “”stock”” is often used interchangeably with “”shares”” or “”equity.”” Those who own stock are called … Read more

Who are allowed to form a stock corporation? ? Any person, partnership, association or corporation, singly or jointly with others but not more than fifteen (15) in number, may organize a corporation for any lawful purpose or purposes: Provided, That natural persons who are licensed to practice a profession, and partnerships or associations organized for … Read more

What are examples of corporations? Almost every well-known business is a corporation. Examples include Microsoft corporation, Coca-cola Company, apple, google, Microsoft, J.P Morgan Chase, and Toyota. Some do business under their names and also business names as Inc. Read more on www.jotscroll.com Corporations are formal legal entities established for business purposes. Shareholders, who put money … Read more

What Cannot be amended in the articles of incorporation? Furthermore, the names of the incorporators, the first set of directors and subscribers, the initial treasurer, their original subscription and the place and date of execution of the first Articles of Incorporation cannot be amended. Read more on ndvlaw.com A set of legal documents known as … Read more

What is a Massachusetts corporation? A Massachusetts corp is a legal entity that designates ownership through shareholders. To form this type of business, a corporation’s shareholders will need to select an incorporator who will go through the process of creating the corporation. Read more on www.upcounsel.com A business entity that has been formed and registered … Read more

How do you perfect a security interest in an LLC membership interest? If the membership interests are securities, then you perfect by taking possession or control of the securities ? or both. If the membership interests are certificated, then you perfect by taking possession of the certificates and by taking control by having the security … Read more

What happens when a corporation is not in good standing? If a business entity doesn’t maintain good standing, the state will likely make an involuntary adverse status change for the company, labeling it, on its public records, as delinquent, void, suspended or dissolved, depending on the state and the nature of the compliance issue. Read … Read more

Is CT Corp A commercial registered agent? CT Corporation is a registered agent service. CT Corporation provides a range of business solutions including registered agent services, annual report solutions, UCC services, legal entity management, and a range of software tools. Read more on www.thesmbguide.com Registered agent services are only one of the many business services … Read more