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You can just sell or give them all of the shares of your corporation that you own. If you give them a controlling share, they can elect themselves as directors.
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∙ 13y ago
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Who is allowed to sign for a corporation?
A registered agent is allowed to sign for a corporation. Whoever is listed on the Articles of Incorporation as a signature can sign.
Can a corporation be a partner in another corporation?
A partnership is a different legal entity than a corporation. Therefore, literally speaking a corporation cannot be a partner in another corporation because corporations don't have partners. A corporation can be a security holder in another corporation. For example, a corporation that owns all of another corporation would be the "parent company," and the owned corporation would be a "wholly-owned subsidiary."Please note, at least here in the US, two corporations can form a partnership and it is not limited to actual people. There are some situations when this is advantageous over just forming a joint venture.
How can one corporation acquisitions of another corporation transfer the good will of the purchase company?
increase income to provide or give the need of another corporation
Do corporations have to sign a W-9 form?
Your question should be: To whom, if anyone, MUST a corporation, provide a W9, and if so, who may or must sign on behalf of the Corporation.
Who may sign or execute a binding lease on behalf of a California corporation?
An owner of the corporation or anyone with a POA.
Which shape is a give away sign?
Hand held out with another one over it..?
Can you sign your house over to your bank and they loan another house?
yes u can
What corporation was founded in 1906 in a loft over a shoe factory as the Haloid Corporation?
Xerox Corporation
Can one corporation own stock in another corporation?
Obviously yes. Well not so obviously, it used to be illegal. I would like to learn the history of how it became legal for one corporation to own another corporation.
How do you Refinance real property for a corporation?
Individuals must sign personally.
What does 'bind the corporation' mean?
Legally sign documents as a corporate officer
When a corporation receives a dividend from another corporation how is it taxed?
Dividends are income to the receiving corporation. If it is a sub-chapter S corporation, it is income to the shareholders, as is any other income of the corporation.
