News and Research

From time to time we will post valuable information pertaining to corporate record keeping and compliance issues.

Smart Way #9: Make sure you issue stock only to people who intend to be true owners.

In some cases, your lawyer, accountant or some other individual may agree to be shareholders in name only. If the court sees shareholders who have no intention of being true owners, the court can conclude that you've committed fraud and find the corporation's true owner to be personally liable.