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Typically most states will not allow a minor to open or own a corporation because a minor cannot legally enter into contracts. It may be possible for a minor to own a corporation if it is held and managed by a trustee.
Wiki User
∙ 9y ago
Wiki User
∙ 14y agoA child can be a stockholder (owner), but cannot enter into any legal contracts until the age of majority is reached (18).
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Can a 16 year old own a corporation?
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.
What is Open Text Corporation's population?
Open Text Corporation's population is 4,450.
When was Open Text Corporation created?
Open Text Corporation was created in 1991.
When was Open Environment Corporation created?
Open Environment Corporation was created in 1992.
Can a corporation own itself?
A corporation can own itself. There can be just one owner or there can may owners of the corporation.
At what age can a minor open their own institution as a legal branch of an institution in another country?
Depends....what country?
What is the symbol for Open Text Corporation in NASDAQ?
The symbol for Open Text Corporation in NASDAQ is: OTEX.
Can a minor own stock?
A trust for a minor can own stock, but a minor cannot. Someone can own an account or stock in trust for the minor.
In what year did Open Text Corporation - OTEX - have its IPO?
Open Text Corporation (OTEX) had its IPO in 1996.
Who are the shareholderss of a corporation?
People that own shares of the corporation.
Does Bapesta own Volcom?
no they are they are own corporation.
Who own corporation?
stockholders
