May, 2010
One Class of Stock: S-Corporations Rules Refined
A corporation that has issued only one class of stock may conduct its business or enter into agreements that treat certain shareholders or creditors in a manner that causes the company’s actions/agreements to be considered a second class of stock.
Why Proper Company Minutes Are Actually Important
Preparing corporate minutes is akin to the “red-headed stepchild” of corporate governing tasks. Ask yourself a question; are the potential consequences of failing to keep accurate, well drafted minutes worth taking a chance on? Would you bet your company on it?