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    Franchise Tax Board Is Now Able To Dissolve/Cancel Zombie Corporations And LLCs

    As are result of legislation enacted last year, California corporations and limited liability companies may now apply to the Franchise Tax Board for administrative dissolution/cancellation.  2017 Cal. Stats. ch. 679 (AB 2503).  The FTB, moreover,...

    franchise tax board

    FTB Publishes Disinformation About Corporations

    Recently, I happened across a summary of the "key features" of a corporation on the California Franchise Tax Board's website.  Recognizing that it is always a challenge to summarize accurately complex legal matters, I do beg to differ with some of...

    Nevada Corporations, Section 2105, Corporate Governance, Alter Ego, Bylaws, chapter 5, franchise tax board, Section 506