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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...
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
- The LLC laws of most other states say nothing at all about how old a person has to be to serve as an organizer and form an LLC. These include some of the most popular states for forming LLCs, such as California, Delaware, Nevada, and Wyoming. It appears minors can form LLCs in these states.Estimated Reading Time: 4 mins
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.
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 · Please see Can a little kid register a company in United States? 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. A footnote in that opinion lists 31 other jurisdictions whose incorporation statutes (as of …Estimated Reading Time: 6 mins
Youth Board Members: Can minors serve on a nonprofit board ...
- https://nonprofitlawblog.com/youth-board-members-can-minors-serve-on-a-nonprofit-board/
- Jan 19, 2012 · A youth board member would have many of the same legal rights as the other board members such as full voting rights as a director and access to corporate records of the nonprofit. However, a youth board member’s authority and obligations are likely limited in other ways.Estimated Reading Time: 11 mins
ESDWAGOV - Corporate officers FAQ
- https://esd.wa.gov/employer-taxes/corporate-officers-FAQ
- In general, no. In fact, federal law provides that nonprofits that are exempt under section 501 (c) (3) of the federal Internal Revenue Code and those that reimburse costs instead of paying taxes must provide unemployment coverage for their corporate officers.
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 Corporation Be An Officer?
- https://www.calcorporatelaw.com/2017/11/can-corporation-officer
- First, it does not define the term "officer" as it does "director". 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 ...
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