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Designation of a nominee in a one-person corporationMy sister started a small business and registered it as a One Person Corporation, or OPC. My sister said she appointed me as the nominee of her corporation, but I didn't sign any documents related ...
S corporations aren't without their advantages, however. One person can form an S corporation, while in a few states at least two people are required to form an LLC. Existence is perpetual for S ...
If there's only one person forming the corporation, that person is the sole shareholder of stock in the corporation and can elect himself or herself to the board of directors as well as any other ...
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