6 legal questions have been posted about corporate law by real users in Michigan. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include corporate litigation, corporate taxation, and corporate governance. All topics and other states can be accessed in the dropdowns below.
Michigan Corporate Questions & Legal Answers
Do you have any Michigan Corporate questions and need some legal advice or guidance? Ask a Lawyer to get an answer or read through our 6 previously answered Michigan Corporate questions.
You absolutely need to get incorporated and have insurance.
If a child gets injured on one of your outings, you and your fellow coordinators could face personal liability. Trampolines have been know to cause serious injuries and, right now, you NO PROTECTION. If the others refuse, you will have to quit or close things down.
Personal liability is no joke. Protect yourself.... Read More
You absolutely need to get incorporated and have insurance.
If a child gets injured on one of your outings, you and your fellow coordinators could... Read More
the fact the HOA was not legally conducting business will not allow you to opt out.
the HOA, was legally operating and your deed almost certainly references the HOA part of the sale. now that it is back operating again, you are bound by the HOA. While it was not legally operating, you could have escrowed your fees as the HOA was not legally operating. Now it is.
Probably not the answer you were looking for but it is the answer.... Read More
the fact the HOA was not legally conducting business will not allow you to opt out.
the HOA, was legally operating and your deed almost certainly... Read More
Any general business attorney can help you with this.
Churches are automatically non-profits under Michigan law, what you probably want is a 501(c)(3) making all donations tax deductible.
Best of luck to you, let me know if you need further help.
Any general business attorney can help you with this.
Churches are automatically non-profits under Michigan law, what you probably want is a... Read More
This is not terribly difficult to do but you will want legal counsel to do it.
It is always safest in these transactions to enter into a purchase agreement to buy the assets and agree to what, if any liabilities the purchasing NewCo will assume.
I hope this helps, feel free to be in touch if I can be of further service. ... Read More
This is not terribly difficult to do but you will want legal counsel to do it.
It is always safest in these transactions to enter into a purchase... Read More
Answered 13 years and 7 months ago by Mr. Richard Alan Alsobrook (Unclaimed Profile) |
1 Answer
Assuming that the corporation is functioning as a completely separate entity from the individual who owes the debt, the debt holder cannot seize the corporations bank accounts. If you are having collections actions brought against you, you should contact a local consumer rights attorney to discuss how best to protect both your corporation and your individual assets.
This is not intended to be legal advice, and is general in its nature. No attorney-client relationship exists or is formed by this information. Furthermore, this does not represent the views or opinions of LexisNexis or its affiliated companies.... Read More
Assuming that the corporation is functioning as a completely separate entity from the individual who owes the debt, the debt holder cannot seize the... Read More