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Recent business law questions
I. The Company will not issue or sell any New Interests
i. The Company will not issue or sell any New Interests without complying with this Section 5(h). The Company hereby grants to Grantee the preemptive right to purchase his pro rata share of the New Interests that the Company may, from time to time, propose to sell or issue. The Grantee's pro rata share for purposes of this Section 5(h) shall be determined as follows:1. During the twelve (12) months following the Grant Date, Grantee shall be permitted to purchase that amount of New Interests such that, following the issuance of all of the New Interests, Grantee's Percentage Interest shall be 2%.Can they charge me an absurd amount of money?
I work own stock in a sub s Corp. there are six stockholders
I work for and own stock in a sub s Corp. there are six stockholders and four of them work for the company and three of them are the Board of Directors. For the past ten years there have been no profits distributed to the stockholders (they always show no profit) but the Board have been drawing 80 thousand plus yearly salaries each.My question is this.Is this legal or against any state or federal rule or regulation, and if not, how can one make an anonymous reporting about this to the correct governing body for enforcement?
Can an illegally operating COA( no yearly general membership
Can an illegally operating COA( no yearly general membership meetings/ no elections,/no announced yearly budget, etc.)put a lien on my property for not paying COA fees when I had not been consulted or given any option in the dues/assessment process?
Good morning, are you really there? JA: No. I'm the
Good morning, are you really there?JA: No. I'm the Accountant's Assistant.Customer: a computer then?JA: The Accountant will know how to help. Please tell me more, so we can help you best.Customer: I want to trade as a hobby, what is the best approach? An LLC?JA: Is there anything else important you think the Accountant should know?Customer: I live in TexasJA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Accountant about your situation and then connect you two.
What is the difference between a regular corp shareholderView more business law questions
what is the difference between a regular corp shareholder agreement that is not in a close corp shareholder agreement?JA: OK. The Corporate Lawyer will need to help you with this. Have you consulted a lawyer yet?Customer: not yeJA: Please give me a bit more information, so we can help you best.Customer: not yetJA: Is there anything else important you think the Corporate Lawyer should know?Customer: Yes, what are the additional things that I would need to add in a close corp shareholder agreement that is not in a regular corp shareholder agreement?JA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Corporate Lawyer about your situation and then connect you two.