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About Corporations
Companies Served Since 1981

About Corporations


Companies planning to go public one day will typically form general corporations. In these blogs, we explain all you need to know.

What Is the Role of Officers in a Delaware Corporation?
By Brett Melson Monday, May 8, 2017

What Is the Role of Officers in a Delaware Corporation?Delaware law mandates that an officer of the corporation must be an individual and cannot be another entity; however, Delaware does not have restrictions in place about who can serve as an officer in a corporation... Read More

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Delaware Corporation Directors Cannot Be Undisclosed
By Rick Bell Tuesday, April 18, 2017

can board of directors be anonymousOn the Delaware Annual Franchise Tax Report, all corporations must list their Company Name; Company Address; Names & Addresses of all Directors; Name & Address of one Officer... Read More

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Delaware Blank Check Preferred Stock
By Rick Bell Tuesday, April 11, 2017

delaware blank check preferred stockEvery Delaware General Corporation must have one class of common stock, but it can also have a second class of stock (or more) with customized terms for the different classes. The most popular second class of stock is called preferred stock because it can contain terms, negotiated between the Board of Directors and the recipient, that are preferred over the rights of common stockholders... Read More

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Delaware General Corporation Structure
By Rick Bell Tuesday, January 31, 2017

structure of a general coporationThe Delaware general corporation is the strongest company structure in the U.S. It offers a means to raise capital, has three tiers of power and follows bylaws. The bylaws of the company set forth the powers and the limits of power in each of the three tiers. Each group may have separate priorities, and they may clash occasionally... Read More

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Delaware Certificate of Incorporation
By Brett Melson Tuesday, January 17, 2017

certificate of incorporationA Delaware Certificate of Incorporation is the foundation upon which a Delaware corporation is built. The state of Delaware requires very little information to be made public in order to form a corporation; the Certificate of Incorporation only requires a few pieces of information... Read More

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What Does It Mean to Be a Shareholder in a Corporation?
By Brett Melson Monday, December 12, 2016

what does it mean to be a shareholder in a corporationA shareholder is an individual or entity that holds shares representing an equity ownership interest in a corporation, often termed either common or preferred stock. A shareholder can also be referred to interchangeably as a stockholder... Read More

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How to Fix Business Mistakes in a Delaware Corporation
By Brett Melson Monday, September 19, 2016

how to fix business mistakes in a delaware corporationDrafting corporate resolutions, recording meeting minutes and tracking stock available for issuance is sometimes seen as a distraction from the company’s primary focus of pursuing its business plan and achieving its goals... Read More

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Company Structure: Corporation
By Brett Melson Monday, July 18, 2016

structure of a corporationThe Delaware General Corporation Law is flexible with respect to the type and number of officers a Delaware corporation must appoint. The applicable portion of the Delaware Corporation Law provides that a Delaware corporation shall have “such officers with such titles and duties as shall be stated in the bylaws or in a resolution of the Board of Directors which is not inconsistent with the bylaws.”.. Read More

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Is an LLC a corporation? What's the Difference?
By Rick Bell Tuesday, June 21, 2016

is an llc a corporationWhy is Google a corporation and YouTube an LLC? Both, of course, chose Delaware as their corporate home, even though they are headquartered elsewhere. So why did Google choose to form as a corporation and YouTube as an LLC?.. Read More

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What Is a Banking Resolution Document?
By Devin Scott Tuesday, May 10, 2016

what is a banking resolution documentAt the first meeting of the members (for an LLC) or the Board of Directors (for a corporation) establishing a company, a 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

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