Below is information about CAN A MINOR BE AN OFFICER OF A CORPORATION from a variety of sources. Please take a look at the materials that our team has selected for you.
https://danashultz.com/2012/05/23/may-a-minor-form-a-corporation/
https://www.avvo.com/legal-answers/can-i-be-the-ceo-of-a-corporation-if-i-m-a-minor-o-1296135.html
Reveal number. tel: (650) 347-1555. Private message. Call. Message. Posted on Jun 24, 2013. The answer to all your questions is "no." You can not be a shareholder, or director or officer. Someone must hold the stock in trust for you and that person can act at the officer, etc. with the Trust being the shareholder.
https://www.myusacorporation.com/answers/can-minors-be-part-of-corporation
Grow your business with our incorporation and LLC formation services. We provide these and other business filing services in all 50 states and District of Columbia. Call Us Now: +1 ... but if a formal transfer of title is required which would require the minor to execute a contract then the minor would not be able to do that. The minor would ...
https://www.lawguru.com/legal-questions/california-credit-debt-collections/minor-corporate-officer-liens-filed-331948781/
0 attorneys agreed. Re: Can a minor be a Corporate officer and have liens filed against them? No, he is not personally liable. He can resign as an officer any time he wants to. Read more. Answered on 11/18/00, 12:32 am. Mark as helpful. More Credit, Debt and Collections Law questions and answers in California.
https://www.quora.com/Can-a-minor-create-a-company-or-be-the-CEO-of-a-company
Answer (1 of 8): Create a business, you bet. I'd had a bunch by the time I left high school. Form a corporation? In general, no. There are some specific ways to get around this, but you'd need to consult a lawyer as to how to do that in your specific case. Emancipation, as …
https://legalbeagle.com/13653595-can-a-minor-child-be-a-shareholder-of-an-s-corporation.html
Stock in a regular corporation can be placed in the name of a child, for instance, as a gift. Absent any specific restriction, stock in an S corporation has the same ownership eligibility as a regular corporation. Minors can be shareholders in an S corporation as they can be in any corporation. Read More: Corporation vs. Officer vs. Owner
https://bizfluent.com/info-12013958-can-minor-member-llc.html
Bottom Line. The fact that minors can't sign legal documents means that a minor can't complete the paperwork required to become a member of an LLC. However, an adult guardian could sign for her, making her a member. However, a minor should never be an officer of an LLC, as no contract she enters into would be legally viable.
https://www.nolo.com/legal-encyclopedia/do-llc-members-need-18-years-old-older.html
An LLC's members (owners) can be individuals, or other business entities such as other LLCs or corporations. An LLC can have any number of members—anywhere from one to thousands. There is nothing that prevents a minor from being a member in an LLC.
https://www.calcorporatelaw.com/2017/11/can-corporation-officer
First, it does not define the term "officer" as it does "director". Second the statute, Cal. Corp. Code § 312, specifying what officers a corporation must, or may, have does not expressly state that these officers must be natural persons. In fact, the statutory use of the term "person" is ambiguous the Corporations Code defines "person" as ...
https://quora.com/Is-it-legal-for-a-minor-to-found-a-non-profit-organization-in-California-and-or-serve-as-ED
Answered 4 years ago · Author has 5.8K answers and 3.2M answer views. Yes, a minor can be a founder of a nonprofit organization and serve as its executive director in California. Here is one way. Assemble a group of people who feel strongly about the cause. Determine the mission.
Did you find the information you need about CAN A MINOR BE AN OFFICER OF A CORPORATION?
We hope you found all the information about CAN A MINOR BE AN OFFICER OF A CORPORATION you were looking for and more.