The following is our unbiased guide (we offer this free information, but do not provide formation service, just a few ads on this page ) to LLC formation. If you want to learn what an LLC is, read LLCs - Definition and Explanation first.
Or if you are ready to check out a great book on […]
MINUTES OF ACTION OF BOARD OF DIRECTORS OF
GREGORY M. MASTERSON CONSTRUCTION, INC.,
A CALIFORNIA CORPORATION.
The director of the above corporation, Gregory Michael Masterson, pursuant to the bylaws of the Corporation hereby submit his written consent in lieu of meeting, and agree unanimously to the following:
The Articles of Incorporation of the Corporation were filed in […]
What Is an S Corporation?
An S Corporation is a C Corporation that elects “Subchapter S” status. All S Corporations begin their lives as C Corporations; Corporations elect to change their status to S Corporations.
The S Corporation Election is made by the filing IRS Form 2553 before the expiration of the 15th day of the third […]
How to Make the S Corporation Election
All S Corporations begin their lives as C Corporations–no Secretary of State in the US makes a distinction between S Corporation and C Corporation. The S Corporation election is just that: an election.
The S Corporation Election is made by filing IRS Form 2553 before the expiration of the 15th […]
An unbiased guide to the different types of corporations, including C corporation, S corporation, close corporation, and professional corporation.
Set forth below is an overview of the tax, accounting and general business considerations applicable to typical equity based compensation arrangements. Following the overview are general descriptions of how those considerations apply to three basic types of arrangements: incentive stock options; non-qualified stock options; and restricted stock.
Incentive Stock Options (ISOs) Offer Great Tax Benefits, […]
The mechanics of a spin-off are relatively simple: in a spin-off, a parent company distributes shares of a subsidiary on a pro rata basis to the parent company’s shareholders. As a result, the subsidiary becomes a separate company. The question, however, is how to conduct the spin-off in a manner that falls in step with […]
“Faithfulness to the formalities is the price paid to the corporation fiction, a relatively small price to pay for limited liability .” -as quoted by the court in Labadie Coal Co. v. Black
Liability protection for LLC and corporation owners is not absolute. In a legal sense, corporations and LLCs are legal entities […]
The most common forms of business enterprises in use in the United States are the sole proprietorship, general partnership, limited liability company (LLC), and corporation. Each form has advantages and disadvantages in complexity, ease of setup, cost, liability protection, periodic reporting requirements, operating complexity, and taxation. Also, some business forms have subclasses, such as the […]
Below is a summary of Lemon Law rules and statutes in West Virginia. Keep in mind that rules and laws change. It’ s always a good idea to confirm the rules with the court or with further research.
What Vehicles Are Covered by the Lemon Law?
Passenger cars, pickup trucks, vans and […]
LearnAboutLaw Staff July 2007
Owners of businesses often inquire as to whether organizing as a Corporation offers any tax benefits. The following are some ideas on how a Corporation can be organized in a manner that gives a net tax savings. As with any taxation or legal issue, you should seek professional guidance before putting in […]
The following table shows the statute of limitations for all 50 states.
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Written Contracts and Book/Open Accounts (Definition of Book Account)
Oral Contracts and Agreements
Negligence: Injury to Person (Definition of Negligence)
Negligence: Property Damage (Definition of Negligence)
ALABAMA STATUTE OF LIMITATIONS
6
6
2
6
ALASKA STATUTE OF LIMITATIONS
3
3
2
6
ARIZONA STATUTE OF LIMITATIONS
6
3
2
2
ARKANSAS STATUTE OF LIMITATIONS
5
5
3
3
CALIFORNIA STATUTE OF LIMITATIONS
4
2
2
3
COLORADO STATUTE OF LIMITATIONS
6
6
2/3
2
CONNECTICUT […]
RESOLUTION OF THE BOARD / STOCK ISSUANCE RESOLUTION
Pursuant to the Laws of the State of Nevada, and the Bylaws of CASA MANANA.COM, INC. a Nevada Corporation, (hereinafter, the Corporation), the undersigned Board of Directors of the Corporation, hereby approves and adopts the resolution set forth below as if approved and adopted at a meeting […]
ACTION OF DIRECTORS BY WRITTEN CONSENT–DIRECTOR’S RESIGNATION
The undersigned, who collectively comprise the Board of the Directors (the “Director”) of EVOLUTION, INC., a Nevada corporation (the “Corporation”), agree unanimously to the following:
WHEREAS, the Director is the last remaining Director serving on the Board of Directors of the Corporation.
WHEREAS, the Director desires to resign his […]
APPOINTMENT OF PROXY FOR [ANNUAL/SPECIAL] MEETING
SuperCorp, Inc.
SHAREHOLDER: John Miller
NUMBER OF SHARES HELD: 100,000
I, the undersigned, as record holder of the shares of stock of SuperCorp, Inc. described above, revoke any previous proxies and appoint the person whose name appears just below this paragraph in the box to the right as my proxy to attend the […]
APPOINTMENT OF PROXY FOR [ANNUAL/SPECIAL] MEETING
SuperCorp, Inc.
SHAREHOLDER: John Miller
NUMBER OF SHARES HELD: 100,000
I, the undersigned, as record holder of the shares of stock of SuperCorp, Inc. described above, revoke any previous proxies and appoint the person whose name appears just below this paragraph in the box to the right as my proxy […]
NOTICE OF SPECIAL MEETING OF SHAREHOLDERS OF SUPERCORP, INC.
Pursuant to a call made by shareholders, notice is hereby given that a special meeting of the Shareholders of SuperCorp, Inc. be held at ______________ (time), on __________, (date), at ___________________________ (address), to consider and act on the following:
[Insert matters to be considered, […]
NOTICE OF SPECIAL MEETING OF THE DIRECTORS OF SUPERCORP, INC.
Notice is hereby given that the Chief Executive Officer of SUPERCORP, INC. has called a special meeting of the directors of SUPERCORP, INC., which shall be held on _______(date) at _____________ (time), at ______________ (place), to consider and act on the following proposals and such other […]
MINUTES OF (ANNUAL/SPECIAL) MEETING OF SHAREHOLDERS OF SUPERCORP, INC.
The shareholders of SUPERCORP, INC., held a (special/annual) meeting on _________ (date), at ______________(time), at________________(place).
The following shareholders were present at the meeting, in person or by proxy, representing shares as indicated:
John Jones, 100,000 shares
John Smith, 100,000 shares
John Miller, 75,000 shares
Also present were Michael D. Spadaccini, attorney to […]
Minutes of Annual or Special Meeting of Shareholders.
MINUTES OF (ANNUAL/SPECIAL) MEETING OF SHAREHOLDERS OF SUPERCORP, INC.
The shareholders of SUPERCORP, INC., held a (special/annual) meeting on _________ (date), at ______________(time), at________________(place).
The following shareholders were present at the meeting, in person or by proxy, representing shares as indicated:
John Jones, 100,000 shares
John Smith, 100,000 shares
John Miller, 75,000 […]