About Corporations

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

Banking Resolution Document - Definition and Templates By Devin Scott Tuesday, November 10, 2020 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 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 By Michael Kupfer 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 By Rick Bell 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 By Michael Kupfer 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? By Amy Fountain Tuesday, September 22, 2020 what happens if your delaware corporation is voidedAn 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
Change Your Company’s Number of Authorized Shares By Devin Scott Monday, September 14, 2020 change your company's number of authorized sharesThe number of authorized shares you choose for your corporation is important because authorized share information is listed on your Certificate of Incorporation and filed with the state of Delaware... Read More
Par Value: How Low Can You Go? By Paul Sponaugle Tuesday, September 1, 2020 how to calculate par valuePar value is the lowest limit set to the value of a share of stock in a corporation. Shares can be sold for more than par value, but not less... Read More
How to Fix Business Mistakes in a Delaware Corporation By Brett Melson Tuesday, July 7, 2020 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
Non-Profit Corporation vs Public Benefit Corporation By Rick Bell Tuesday, June 30, 2020 non-profit vs benefit corpUnlike a non-profit company, a PBC may be first and foremost engaged in a profitable enterprise of a very different nature from its mission, such as making food products, engaging in real estate investments or any other for-profit enterprise... Read More
Delaware Corporation Directors Cannot Be Undisclosed By Rick Bell Tuesday, June 16, 2020 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