How can i convert a for profit corp. into a non-profit corp.?

The conversion itself is simple: Calif. Corp Code §911 authorizes it by amendment of the Articles of Incorporation of the business corporation. ...

Would I be in violation of any law(s) (gambling) if I were to give out cash prizes to winners of a local video game tournement?

Yes. It is a lottery and as such a violation of the criminal laws of the most states. Texas has some unusual laws, but I doubt that it is...

What can i do when bossess payrollchecks bounces and he does not want to fix it what are my rights

This sounds like your pay has been garnished by one of your creditors. If so, your boss cannot pay you. If there is no garnishment, then you must...

I am listed on a joint bank account with another person and withdrew money. Can I be charged with grand larceny?

Any person on a joint savings account is entitled to withdraw the money, insofar as the bank is concerned. You have not stated any reason for...

Can an employer take away paid vaction earned by the employee after being there for 3 years?

In most states including California, accrued vacation pay is legally a vested debt of the employer to the employee and cannot just be cancelled,...

Do I need to register as a foreign corp. in Illinois?

It's not clear to me what your business activities are. It sounds as if you are providing classes within the State but being paid outside the...

I am a consultant that is being offered stock options by a private company. Can I make a Section 83(b) election?

No. The S83(b) election is available only where there is a transfer of property for services. An option is not property. Hence you are not...

My fishing club, a non-profit club, wants to use scratch off sheets for fund raising only. Will this be illegal to do?

Is a scratch off sheet an arrangement where a member pays money for the sheet hoping to scratch off the covering and win some money? If so, it is...

In California, B&P Code 17900 states the purpose: “The filing of a fictitious business name is designed to make available to the public the...

Can a small corporation legally buy out share holder stock then gift the shares back to the two remaining share holders?

Two flies in the ointment: their right to buy and the valuation of the shares. By what right are they repurchasing your shares? No state law that...