Closed corporations, not permitted by statute in all states, limit shareholders to fifty. They permit the firm to operate informally either by eliminating the board of directors or curtailing its authority.
I was wondering. Could I reinstate a corporation that wasn"t mine to begin with?
no
closed corporation
The type of corporation which is the standard normal type of corporation is the general corporation. Other types of corporations include closed corporations, limited liability corporations and S corporations.
Closed Corporation
shares or traded on exchange
A close corporation refers to a corporation that has been exempted from some of the formal rules that govern corporations. They are usually exempted from these rules because of the small number of shareholders that they have.
Corporation. Enterprise.
Closed-toed is the correct spelling to describe shoes that cover the toes entirely.
"closed" is an adjective...a way to describe something...(That Door is Closed). You can "close" a door - this is an action word, but closed is something that already is done...
A corporation's creditors usually do not be past the assets of the corporation to satisfy their claims. The most a stockholder can lose financially is the amount he or she invested.
A polygon would seem to fit the given description