About Corporations

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

Authorizing Shares for Your Delaware Corporation By Paul Sponaugle Tuesday, November 13, 2018 authorizing shares for your delaware corporationNow that you've formed a corporation, you may wonder about authorizing shares for your Delaware corporation. How many shares do you need and at what "par value?".. Read More
What Is a Banking Resolution Document? By Devin Scott Tuesday, October 23, 2018 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
What Is The Role of a President of a Corporation? By Michael Bell Tuesday, October 16, 2018 what does the president of a company doThe 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
Delaware Certificate of Incorporation By Brett Melson Monday, August 20, 2018 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
Everything You Need to Know About Stock Transfers By Devin Scott Tuesday, August 7, 2018 what to know about stock transfersTypically, people hand a stock certificate to a shareholder and then document the exchange in the company's stock transfer ledger, which is utilized to properly record the transfer... Read More
Non-Profit Corporation vs Public Benefit Corporation By Rick Bell Monday, July 2, 2018 non-profit vs benefit corpA traditional non-profit—or not-for-profit—company aims to serve a public benefit without making a profit, as defined by the IRS. If a non-profit company decides to stop doing business and dissolve, it must distribute its assets among other non-profits... Read More
Delaware Blank Check Preferred Stock By Rick Bell Tuesday, June 12, 2018 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
Anatomy of an S Corporation [INFOGRAPHIC] By Veselin Ganev Tuesday, June 5, 2018 s corporation structureWhat is an S corporation and how does being one help a company? Find out in our simple infographic... Read More
Board of Directors Oversight: Do’s & Don’ts PART TWO By Christina Cornelius Tuesday, April 10, 2018 Erik Nielsen, PhD has more than 35 years of experience in higher education. He is currently the Consulting Vice President of Kaludis Consulting and he served as president of Franklin College of Switzerland for 17 years... Read More
Board of Directors Oversight: Do’s & Don’ts By Christina Cornelius Tuesday, April 3, 2018 board of directors dos and don'tsErik Nielsen, PhD has more than 35 years of experience in higher education. He is currently the Consulting Vice President of Kaludis Consulting and he served as president of Franklin College of Switzerland for 17 years... Read More