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  2. Operating agreement - Wikipedia

    en.wikipedia.org/wiki/Operating_agreement

    In single-member LLC, an operating agreement is a declaration of the structure that the member has chosen for the company and sometimes used to prove in court that the LLC structure is separate from that of the individual owner and thus necessary so that the owner has documentation to prove that he or she is indeed separate from the entity itself.

  3. Articles of association - Wikipedia

    en.wikipedia.org/wiki/Articles_of_association

    The articles of incorporation outline the governance of a corporation along with the corporate bylaws and the corporate statutes in the state where articles of incorporation are filed. To amend a corporate charter, the amendment must usually be approved by the company's board of directors and voted on by the company's shareholders.

  4. Incorporation (business) - Wikipedia

    en.wikipedia.org/wiki/Incorporation_(business)

    There are a number of legal benefits that come with incorporation. One significant legal benefit is the protection of personal assets against the claims of creditors and lawsuits. Sole proprietors and general partners in a partnership are personally and jointly responsible for all the legal liability (LL) of a business such as loans, accounts payable, and legal

  5. United States corporate law - Wikipedia

    en.wikipedia.org/wiki/United_States_corporate_law

    Over the late 19th century, more and more states allowed free incorporation of businesses with a simple registration procedure; [8] Delaware enacted its General Corporation Law in 1899. Many corporations would be small and democratically organized, with one-person, one-vote, no matter what amount the investor had, and directors would be ...

  6. Corporate resolution - Wikipedia

    en.wikipedia.org/wiki/Corporate_resolution

    For a corporate action, if allowed by state law and by the bylaws of the corporation, the board of directors may use a written document to waive formal notice of a meeting and unanimously consent to a resolution. Resolutions are not required on Trust or Estate accounts. See: Trust law.

  7. Corporation sole - Wikipedia

    en.wikipedia.org/wiki/Corporation_sole

    A corporation sole is a legal entity consisting of a single ("sole") incorporated office, occupied by a single ("sole") natural person. [1] [2] This structure allows corporations (often religious corporations or Commonwealth governments) to pass without interruption from one officeholder to the next, giving positions legal continuity with subsequent officeholders having identical powers and ...

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