QUESTION
it is legal to add my self to an exist corporation
Asked on Jan 31st, 2019 on Business Law - New York
More details to this question:
my friend has a corporation in his name and we want to open a clinic can l share his corporation with 50%
2 ANSWERS
1 Award
Yes, but not without doing due diligence to make sure the corporation is clear of claims and debts that you might be liable for if you join in it.
Answered on Feb 01st, 2019 at 6:37 AM
Youwouldn't "add" yourself to the corporation, your fiiend would transfer 50% of the corporation's shares to you.
Answered on Jan 31st, 2019 at 11:01 AM