Small-business owners often want to control the future ownership of their company. When your business is set up as a corporation, you can use a shareholders agreement to specify the terms and ...

A company must have articles of incorporation (“articles”). The articles will apply to all persons who are members of the company, without any requirement for persons, other than the original ...

A corporation is a legal entity with personality granted by law, and it acts through its Board of Directors and its officers. The Board of Directors approves and sets the company’s direction, while ...

The dispute arose from a shareholders' agreement for a business producing maps for luxury hotels. Mr Shelmerdine founded the business, and Guest Services subsequently acquired it. Post-acquisition, Mr ...

A shareholder buyout occurs when a company purchases stock back from shareholders, according to LegalZoom. A buyout is known as "stock redemption" for tax purposes. The terms of shareholder buyouts ...