Action of Director(s) to Dissolve and Liquidate. Action of Shareholder(s) to consent to Dissolution and Liquidation. Plan of Dissolution, Winding Up and Liquidation approved by…
What is a Corporation? A corporation is a business organization which is chartered by a state (known as the state of incorporation) in accordance with…
What is the Sarbanes-Oxley Act? The Sarbanes-Oxley Act of 2002, also known as “SOA” or “SOX” is a congressional act with established a series of…
What is a Professional Corporation? A professional corporation (“P.C.”) is a business entity formed under special state statutes which allow people that would otherwise not…
A Not-For-Profit Corporation Is Not Automatically a Tax Exempt Organization. There is often confusion between a not-for-profit corporation and a tax exempt organization. They are…
In certain situations, shareholders may find it advantageous to enter into agreements with other shareholders regarding how the company should be run or who will…