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Can a 16 year old own a corporation?

Maryman12 ∙

Lvl 1

∙ 16y ago

Updated: 8/17/2019

No, they must be old enough to sign legal documents, which would be 18, unless they are emancipated. Otherwise the ownership of the corporation must be held by a trust on behalf of the minor.

Wiki User

∙ 16y ago

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