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Law Pro
Law Pro, Attorney
Category: Business Law
Satisfied Customers: 24869
Experience:  20 years experience in business law - sole proprietor, partnership, and corporations
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We are setting a corporation. There will be 3000 shares and

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We are setting a corporation. There will be 3000 shares and 3 stockholders and each will have 1000 shares. If we have equal amount of shares, Does the initial capital contribution matters in partnership, profit, decision making or any other subject during the business or possibly at the time of separation if happens?
The following is the actual contributions.
First person $ 10000.00 and services
Second person $ 7000.00
Third person 350,000.00 in form of leads (Possible business leads)
Submitted: 6 years ago.
Category: Business Law
Expert:  Law Pro replied 6 years ago.
It would seem that the 3rd person's contributions are only a "maybe" - correct?
Customer: replied 6 years ago.
Yes. Correct
Expert:  Law Pro replied 6 years ago.

No, if that's what you agree on as to each's capital contribution at the beginning - then upon dissolution or decision making while in operation - that will not have any effect.

 

I realize, and so do the courts, that not all things can you place an exactly monetary value on. So, if that's acceptable to you when starting the company - that would be fine.

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