Wednesday, August 5, 2009

Choosing a Business Entity - Corporations


One of the most commonly recognized business entities is a corporation. A corporation is considered a person in regards to the rights and duties imposed on it by law. Stockholders merely hold an ownership interest in the corporation through shares and are not liable for the acts of the corporation. If the corporation is formed in Nevada, then the corporation will be considered a citizen of Nevada. Lovaas & Lehtinen, P.C. Nevada Business Lawyers - Global Business Lawyers.

Disclaimer: This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. If you have questions or need specific advice relating to the matters contained herein, please contact Lovaas & Lehtinen, P.C.

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