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Corporation Response Archive

• I formed a new corporation with 5000 shares. Who owns these 5000 shares? (2-7-2006)
• How do we go about issuing stock certificates? (2-6-2006)
• Can the shares of an S-Corporation be transferred into a Revocable Living Trust? (1-27-2006)
• Force out 50% shareholder? (11-21-2005)
• Shareholder buy-sell (8-12-2005)
• Officer or director held liable for a corporate debt? (6-26-2005)
• I am one of 5 equal shareholders in a Sub-s corp. I am also one of 3 directors. We had a $55k profit this year but myself and another director think we should retain all profits in the corporation as working capital and pay no dividends. Is there a problem with this? (6-26-2005)
• My husband has owned 10% of a Sub-S Corporation in Indiana for 9 years. He has never received a dividend check, only a check to pay federal taxes. The corporation keeps his share of the profits every year. If this is legal, why would anyone invest in a Sub-S? (5-4-2005)
• The founder of the S corporation I work for owns 51% of the shares. I understand that under ORS 60.534, the company (property and goodwill) can be sold if the board adopts a resolution and the founding owner votes to sell, regardless of the votes of the other shareholders. Is this correct? (5-4-2005)
• Our company is incorporated as an Indiana Sub S Corporation. Is it important to show "Inc", or "Corp" or "PA" or "PC" on our checks and invoices to let the world know we are protected against liability? (2-26-2005)
• I am a 50% owner in a domestic corporation with my ex-husband. He stole all our profits and I want to begin to dissolve. My question is this can I go to work for someone else who is in the same line of business and take business prospects with me. We have no money to continue and these jobs will be up for others bids anyway. I will only be working for a salary, not profit. And if so can I do this before our corporation is completely dissolved? (2-20-2005)
• I have an S Corporation (NAME) I. C. CLEAN CARPETS, INC. My question is if I start doing some different type of business, like painting new homes for a builder, how do I go about creating a sub company or division under the S Corporation? (1-13-2005)
• I recently incorporated with one partner who has already left the business before it was completely set up. Are there forms we need to sign? (11-12-2004)

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