1). Corporate Records – What to Keep By : SD Lawyer
Whether you’ve created a corporation or limited liability company, you must maintain records. Here’s a primer on the basic corporate records you need to maintain.
Corporate Records
When forming a corporation or limited liability company, you are creating an entity independent from yourself. In so doing, this independent entity must take actions for itself, not you.
Article Related to: corporate records, corporation, limited liability company, minutes, articles of incorporation
2). Corporate Records – Shareholder Inspections By : SD Lawyer
You’re conducting business as a corporation and various shareholders have kicked in investment money. Can shareholder inspections of corporate records occur?
Emotional Attachment
With small businesses, emotions can run high. Typically, a person has a great business idea, but need investors to create a pool of cash to get the business going. In such situations, the person has an emotional attachment to the business and thinks it is “theirs.
Article Related to: corporate records, shareholder inspections, investors, small business, limited liability company
