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Maverick, Attorney
Category: Business Law
Satisfied Customers: 5733
Experience:  20 years of professional experience
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I am president of a C-Corp in Idaho. When the Corp was formed

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I am president of a C-Corp in Idaho. When the Corp was formed I named my daughter as 100% shareholder. She is my only child and is a minor.

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Customer: replied 5 years ago.
Is her ownership of the stock permitted?

A parent or guardian would hold the shares in trust for the minor until he/she reaches the age of majority. So, the share certificates should have been issued to:


Johnny Parent "in trust for" Johnny Junior Child until child reaches the age of majority.





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Customer: replied 5 years ago.
what is the age of majority

If she is not married, it is 18 under IDAHO law:



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