About Corporations

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

Delaware 2022 Corporate Law Amendments – A “Must Know” Summary By Jarrod Melson Tuesday, October 4, 2022 2022 Corporate Law AmendmentsThe Delaware Legislature adopted the amendments to the Delaware General Corporation Act which all directors, officers, and stockholders of Delaware corporations need to become familiar with. Jarrod Melson explains the changes you need to consider in this new blog... Read More
Par Value: How Low Can You Go? By Paul Sponaugle Monday, October 3, 2022 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
What Is a Certificate of Incumbency? By HBS Monday, September 19, 2022 what is a certificate of incumbencyThe 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
Perpetual Existence for Corporations By HBS Tuesday, September 6, 2022 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
Why Venture Capitalists Prefer Delaware C-Corps By HBS Monday, August 29, 2022 Why Do Investors Prefer Delaware C CorporationsThe first requirement of every serious investor, angel investor and Venture Capitalist is the same: your company must be a Delaware C corporation before they will even consider investing in it... Read More
How to Fix Business Mistakes in a Delaware Corporation By Brett Melson Monday, August 8, 2022 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
Bylaws - More Important Than You Might Think By Brett Melson Tuesday, July 12, 2022 bylawsBylaws are rules set by a company to govern itself. Brett Melson discusses more about corporate bylaws, their function, and how they should be implemented... Read More
Adding and Removing Directors on a Board By Brett Melson Monday, June 20, 2022 In short, and as discussed here, Delaware’s General Corporation Law provides that shareholders are ultimately responsible for appointment and removal of Directors, with the mechanics and processes relating to the vote, removal, and replacement ordinarily set forth in the corporation’s bylaws... Read More
What Is a Non-Stock Corporation? By Paul Sponaugle Monday, June 13, 2022 what is a non-stock corporation?The common use of the non-stock corporation as the vehicle with which to obtain tax-exempt or non-profit status from the IRS has led to an interchangeability of the two terms, but this can be problematic... Read More
Non-Profit Corporation vs Public Benefit Corporation By Rick Bell Monday, May 16, 2022 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