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What else can I help you with?
CAn you sue a corporation?
Yes, you can sue a corporation.
Can a major corporation be sue in a small claims?
No.
Can you sue the owner of a corporation for damages or legal issues?
Yes, you can sue the owner of a corporation for damages or legal issues if they are personally responsible for the actions that caused harm. This is known as piercing the corporate veil.
What defines a corporation?
A corporation is a legal entity that is distinct from its owners. It has the right to enter into contracts, loan and borrow money, and sue.
Can you sue a C Corp?
C corporations are separate entities that can sue and be sued. However, because C Corporations are separate, they are taxed separately from their owners
Can a shareholder sue a corporation?
No. A stockholder would need to convince the board of directors to vote to take such an action as a corporation. On the other hand, a number of shareholders can sue the board of directors for not taking prudent steps to protect the business and assets of the company.
Can a dissolved corporation sue?
A dissolved corporation is no longer an entity. I can't imagine how it can enter a legal action, unless the entity was assigned to an agent or one of the original parters.
How long can a lien be held against a corporation if its dissolved?
a dissolved corporation is not a corporartion. a superior court judge will hear any case to see if the "veil" of the corporation can be punctured. If so, the lien holder can sue the officers separately.
Can you sue a dissolved corporation in Georgia?
For a time, yes. Depending on the nature of the claim and how the corporation was dissolved, the claim is barred after a period of time, basically 2 years or 5 years.
What is corporate and non-corporate form of business?
A corporation is an artificial person, legally independent of its owners and/or operators. The owners of a corporation are its shareholders.A business that is not a corporation legally is just its owners and operators, usually in the form of a sole proprietorship or a partnership.If someone sues a corporation that is as far as it can go, they cannot sue either the owners or operators.If someone sues a business that is not a corporation they are automatically suing all the owners and operators.There are now also other options that limit the ability to sue the owners and operators, but are not corporations (e.g. LLC or LLP).
What is created by operation of law in corporation?
One thing created by operation of law in a corporation is the separate legal entity, which means the corporation is considered a legal "person" distinct from its owners. This allows the corporation to enter into contracts, sue and be sued, and own property in its own name. Additionally, the bylaws of a corporation are another key aspect created by operation of law, outlining how the corporation will be governed and managed.
Must one possess a shareholder certificate to have standing to sue the corporation?
No. But they must have one to appear and speak at shareholder's meetings.
