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.
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