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Corporate law - Wikipedia, the free encyclopedia

Corporate law (also "company" or "corporations" law) is the study of how shareholders, directors, employees, creditors, and other stakeholders such as ...

Corporations - Legal Information Institute

A corporation is a legal entity created through the laws of its state of incorporation . Individual states have the power to promulgate laws relating to the creation, ...

Corporations - State Laws | LII / Legal Information Institute

Corporations - State Laws. Alabama. Searchable Index- See Title 10: Corporations, Partnerships, and ... Corporations And Associations-Title 4, Subtitle 3.

General Corporation Law - Delaware Code - State of Delaware

GENERAL CORPORATION LAW. Subchapter I. ... Suits Against Corporations, Directors, Officers or Stockholders · Subchapter XIV. Close Corporations; Special  ...

What is Corporate Law - Harvard Law School

reflects the structure of corporate law across all jurisdictions, while individual chapters explore ... complementary differences in corporate laws are functional.

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Corporate Law - HG.org

Corporate Law deals with the formation and operations of corporations and is related to commercial and contract law.

Corporation Laws - Tennessee Department of State: Business ...

Corporation Laws. 2012 Tennessee Public Acts Chapter 1051 · 2008 Tennessee Public Acts Chapter 1156. School support organization nonprofit charter filing ...

Corporation Law - Overview | NYU School of Law

The specialized LLM in Corporation Law, designed primarily for foreign-educated lawyers, offers full-time, intensive academic training in the legal regulation of ...

Chapter 1701: GENERAL CORPORATION LAW - Lawriter - ORC

1701.01 General corporation law definitions. As used in sections 1701.01 to 1701.98 of the Revised Code, unless the context otherwise requires:.

CALIFORNIA CORPORATIONS CODE

GENERAL CORPORATION LAW CHAPTER 1. GENERAL PROVISIONS ... CORPORATE FLEXIBILITY ACT OF 2011 CHAPTER 1. GENERAL PROVISIONS  ...

The Delaware Journal of Corporate Law

Samuel Faris. Mathew Goeller. Brian King. Kaitlin Maloney. William Mone. Carl Scatena. Paul Seward. The Delaware Journal of Corporate Law Volume 39 Issue  ...

corporation legal definition of corporation

corporation n. an organization formed with state governmental approval to act as an artificial person to carry on business (or other activities), which can sue or be ...

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Corporation Law


Small businesses face endless challenges, and companies reaping the benefits of incorporation have additional legal obligations to fulfill. A corporation is an imaginary entity that exists only for legal purposes. Once the papers are filed, the corporation is an independent legal "person" apart from the workers.

The major benefit to forming a corporation, or "incorporating," is protection against liability. Lawsuits and debt will fall on the corporation rather than on individual people. Forming a corporation starts with a few simple steps:

  1. Name it. Decide on a unique name for the corporation and register it in the state of incorporation.
  2. Form it. A corporation needs officers, shareholders, directors, bylaws and shares.
  3. File it. Complete and file the correct paperwork.

A little bit of action will lead to protection for yourself and other members of your small business.

Choose a name and state

A good corporation name involves more than creative genius. Corporations need unique and functional names that are not already in use. Once you have found an effective name, quickly file for a trademark at the U.S. Patent and Trademark Office (USPTO).
USPTO, check business directories like InfoSpace or conduct an Internet domain name search. You can incorporate in another state besides your state of residence. Nevada and Delaware are popular for tax reasons; other states such as Wyoming and New York are gaining popularity.

Take care of the people

Every corporation needs officers, shareholders and directors. Officers usually include a president, vice president, secretary and treasurer. Once these roles are assigned, the corporation will hold the first meeting of the board of directors and assign stock to its shareholders.

Create bylaws

Bylaws are the rules dictating how the corporation will be run. The board of directors is responsible for making and enforcing those rules.

File the paperwork

No matter what type of corporation you form (C, S or limited liability); it does not exist until the paperwork is filed with the state of incorporation. A C corporation needs to file Articles of Incorporation, Bylaws, Organizational Board Resolutions, Stock Certificates and Stock Ledger. An S corporation needs to file Articles of Incorporation, Bylaws, Organizational Board Resolutions, Stock Certificates, Stock Ledger, IRS Form 2553 and State S Corporation election.
  • Corporations aren't required to provide insurance and/or pensions. If these benefits are offered, take time to research the federal law standards by which they need to be managed.
  • The differences between C and S corporations only involve taxation. Corporations are automatically in the C class unless they elect to become S corporations.
  • Most states allow one person to hold several positions in a corporation. For example, in many small corporations, most or all of the shareholders are also directors.