Dothan Attorneys Helping You Enter the Corporate World
When the decision is made to incorporate as a business, there are many aspects that must be considered, and failure to follow proper corporate formalities can often result in forfeiture of the corporate form’s protections. In order to create a corporation, the first step is to file initial articles of incorporation with the secretary of state. A business may incorporate in any state it wants; by choosing which state to file in, the company gets to choose which state’s corporate code will govern any internal corporate disputes that may arise. The typical corporation breaks down into a complex set of relationships between three main groups: Owners (shareholders), directors (major policy setters), and officers and employees (day-to-day operations). In small companies, one person might play all three roles; in larger contexts the shareholders will elect a board of directors, who will vote on most major policy decisions. The officers then implement these decisions.
State corporate law consists of a set of default rules for corporations. These default rules may be changed by two main corporate governance documents: corporate bylaws and articles of incorporation. An experienced corporate attorney can make sure that your corporation is tailor-made to meet your specific needs as a business, altering the default rules as needed with respect to shareholder voting, amending the articles of incorporation, and electing or removing directors. The probate attorneys of Parkman White, LLP have years of experience in corporation law, and can help you form your corporation and draft the most effective governance documents to ensure your unique needs as a business are met. If you live in Houston, Dale, Pike, Geneva or surrounding counties, email us or call us today at 334-792-1900 for a consultation with our Dothan legal team, and let us put our experience to work for you.