Tag Archives: corporate law

Shareholders Can’t Take Profit Distributions At Will

You are being judicious, prudent, and disciplined and are plowing your corporation’s earnings back into your corporation. Continue reading

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Flexible Purpose and Benefit Corporations

The California legislature, effective as of 2012, created two new types of corporations.  One is called the “flexible purpose corporation” and the other type is the “benefit corporation.”  Both types of corporations allow management to pursue not only for-profit purposes … Continue reading

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