Companies planning to go public one day will typically form general corporations. In these blogs, we explain all you need to know.
What Is a Certificate of Incumbency?
Monday, April 19, 2021
The Certificate of Incumbency displays the names and positions of the corporation’s directors and officers. It also includes information related to whether they were appointed or elected, and the term of their office... Read More
How to Take Corporate Minutes
Monday, March 1, 2021
Delaware corporations should hold an annual meeting and take minutes. Not sure how to take corporate minutes? Here’s what you need to know... Read More
How to Close a Company
Tuesday, February 16, 2021
Do you want to close or cancel your Delaware LLC or corporation? Here's how... Read More
What Is The Role of a President of a Corporation?
Tuesday, January 12, 2021
The person who is President of a company is in the highest position within an organization and, in some cases, takes on the title of Chief Executive Officer as well... Read More
How a Dual Class Share Structure Affects Shareholder Voting Rights
Monday, January 4, 2021
In a dual class share structure, public investors in an IPO receive common stock with little to no voting rights, while founders receive either the only voting stock in the corporation or stock with voting power often ten-times that of public investors... Read More
Banking Resolution Document - Definition and Templates
Tuesday, November 10, 2020
At the first meeting of the members (for an LLC) or the Board of Directors (for a corporation) establishing a company, a corporate resolution about banking details is often included.
Although a company may agree on several different types of resolutions during the meeting, the banking resolution is often the most commonly extracted resolution from the general minutes of the meeting... Read More
Perpetual Existence for Corporations
Monday, October 26, 2020
A corporation typically “lives” separately from its founder(s), shareholders, and employees. In other words, regardless of individuals involved in the business quitting, retiring, or even passing away, the business entity will still exist... Read More
Get a Digital Stock Ledger for Your Delaware Corporation
Monday, October 5, 2020
We believe StockTreasury is the first, and currently the ONLY, digital stock ledger available with blockchain security. We think you’ll find StockTreasury easy to use and compared to Carta and other non-blockchain SaaS platforms, extremely reasonably priced... Read More
Recorded Webinar: Delaware Corporation Basics
Monday, September 28, 2020
This webinar is packed full of great information dealing with the basic elements of a Delaware corporation and detailing some of the finer points as well. Available in video and transcribed formats... Read More
My Delaware Corporation Was Voided. Now What?
Tuesday, September 22, 2020
An LLC (limited liability company) or LP (limited partnership) that does not pay its Franchise Tax Fees for three years in a row will be cancelled by the state.. Read More