As frequently is the case when questions about minors and business entities arise, my answer differs from most others. Corporations Code Section...

Authority of a registered agent in a Multi Member LLC

A registered agent (more precisely in California, the agent for service of process) has no authority to act on behalf of the LLC with respect to...

How do i forcefully remove a partner from my corporation

Unless there is an agreement that permits the corporation or other shareholders to purchase a given shareholder's shares upon demand, there...

Employer has ambiguous sentance on 401k matching. Which interpretation is correct?

Generally, words modify the other words to which they are most closely located. So, I would interpret "50% of your own contributions up to 4% of...

S Corp working full time for another company

Generally, employers cannot prohibit employees from working on their own time, away from the employer's premises. See Labor Code Section 96(k)...

To inc or not? Which state?

As my colleagues have noted, if you form a legal entity, it should be formed in California, because this is where you are doing business, thus you...

How can a corporation provision individual share redemptions so that a shareholder has the option w/ the corporation's approval?

Preferred share redemption rights can be triggered by pretty much whichever circumstances you wish. Those circumstances would be specified in...

If I walk away from a partnership can I claim a portion of the sale price thirty years later?

I believe that my colleagues' answers are reinforced by applicable provisions of the California Corporations Code. Section 16601(1)...

To issue a resale certificate, you need to have a seller's permit from the Board of Equalization. And, as is explained by the BOE at...

I recommend that you read the Summary of the Davis-Stirling Open Meeting Act at...