In California, is an unsecured promissory note considered a security?

On the surface, the question would seem to be answered clearly in the first four words of California Corporations Code Section 25019: “ ‘Security’...

Can a window cleaning company be a LLC in California?

Here is the general statement in Section 17002(a) of the California Corporations Code: “Subject to any limitations contained in the articles of...

Selected as the best answer

Owner and manager in LLC in California?

A California limited liability company can be managed by one manager, by more than one manager, or by all of the members, and this choice is...

Selected as the best answer

Can I sell my company to my mother for minimum share price?

As a matter of California corporate law, unless some unusual facts exist, you should be able to sell your own shares in the company for any agreed...

Can the seller solicit his other unlisted home to the buyer's agent I found during negotiations on the home listed with me?

As a legal matter, the most significant determining factor will be the language of the commission agreement. The California Association of...

As my colleagues have advised, certainly start by looking at what the Operating Agreement says (if you have one, as you should). Since this is a...

Selected as the best answer

I was wondering if a general manager is appointment under the memorandum of association is he or she a party to the agreement.

I do not know the state from which you are writing. Probably what you are referring to as the memorandum of association or mou is called the...

Our start-up needs trademark help picking a name.

To receive meaningful advice on such a detailed question you should indeed retain intellectual property counsel. Two of the well-respected area...

Whats the best way to change our LLC shares after first release of our software without having any hassle between shareholders?

You are wise to consider and document these issues before the expected profits become a reality. The advantage of a limited liability company over...

Convert Sole Proprietorship to New Business Entity, but which one would should I pick?

The first question is whether doing business through an entity will be worth the expense and complication. A limited-liability entity will not...

Selected as the best answer