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Can I be the CEO of a corporation if I'm a minor, or ...
- https://www.avvo.com/legal-answers/can-i-be-the-ceo-of-a-corporation-if-i-m-a-minor---1296135.html
- Jun 22, 2013 · The answer to all your questions is "no." You can not be a shareholder, or director or officer. Someone must hold the stock in trust for you and that person can act at the officer, etc. with the Trust being the shareholder. But you can not at all act on behalf of the company...
RS 02101.016 Officer or Director of a Corporation - SSA
- https://secure.ssa.gov/poms.nsf/lnx/0302101016
- Mar 30, 2012 · However, an officer of a corporation who does not perform any services or only minor services and who neither receives nor is entitled to receive, directly or indirectly, any remuneration for serving as an officer, is not considered an employee of the corporation.
Can a minor be a Corporate officer and Legal Advice
- https://www.lawguru.com/legal-questions/california-credit-debt-collections/minor-corporate-officer-liens-filed-331948781/
- Re: Can a minor be a Corporate officer and have liens filed against them? No, he is not personally liable. He can resign as an officer any time he wants to. Read more. Answered on 11/18/00, 12:32 am. Mark as helpful. More Credit, Debt and Collections Law questions and answers in California.
Do LLC Members Need to be 18 Years Old (or Older)? Nolo
- https://www.nolo.com/legal-encyclopedia/do-llc-members-need-18-years-old-older.html
- If you live in a state that does not allow a minor to form an LLC, you can always form your LLC in a state that does allow it. You can then register your LLC in the state where you live or wish to do business. Alternatively, you can have someone over age 18 serve as organizer on your behalf. Can Minors Own an LLC?Estimated Reading Time: 5 mins
May a Minor Form a Corporation? Dana H. Shultz, Esq.The ...
- https://danashultz.com/2012/05/23/may-a-minor-form-a-corporation/
- May 23, 2012 · Answer: States differ as to whether they let a minor form a corporation (i.e., whether a minor can act as an incorporator). For example, Michigan, according to a 1981 Attorney General opinion, does not let a minor form a corporation.Estimated Reading Time: 6 mins
S Corporation Employees, Shareholders and Corporate Officers
- https://www.irs.gov/businesses/small-businesses-self-employed/s-corporation-employees-shareholders-and-corporate-officers
- Mar 16, 2021 · Courts have consistently held S corporation officers/shareholders who provide more than minor services to their corporation and receive, or are entitled to receive, compensation are subject to federal employment taxes.
Can a Minor Child Be a Shareholder of an S Corporation ...
- https://legalbeagle.com/13653595-can-a-minor-child-be-a-shareholder-of-an-s-corporation.html
- Sep 26, 2017 · Stock in a regular corporation can be placed in the name of a child, for instance, as a gift. Absent any specific restriction, stock in an S corporation has the same ownership eligibility as a regular corporation. Minors can be shareholders in an S corporation as they can be in any corporation. Read More: Corporation vs. Officer vs. Owner
Can a minor citizen incorporate S Corporation, as single ...
- https://www.justanswer.com/immigration-law/14u6i-minor-citizen-incorporate-corporation.html
- The structure of the corporation is irrelevant (C corp or S corp). As for the B1/B2 visa holder, he does not violate status by operating as an officer/dirctor of a corporation as long as he is not paid a salary for such. He can also be a shareholder and assist in management.Estimated Reading Time: 4 mins
Can A Corporation Be An Officer?
- https://www.calcorporatelaw.com/2017/11/can-corporation-officer
- Second the statute, Cal. Corp. Code § 312, specifying what officers a corporation must, or may, have does not expressly state that these officers must be natural persons. In fact, the statutory use of the term "person" is ambiguous the Corporations Code defines "person" as including a corporation as well as a natural person. Cal. Corp. Code § 18.
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