Powers & Authority
What Powers does the Registered Agent have?
The short answer is “none.” The Registered Agent has no position within the company, and no power. The Registered Agent’s...
What Powers does the Organizer or Incorporator have?
An “organizer” (for limited liability companies, or LLC’s) and “incorporators” (for corporations) have the power to initially form the company....
Why It’s a Bad Idea to Hire a “Straw Man” as a Manager to Maintain Anonymity
There is quite a bit of documentation on the Internet about anonymity, and how to maintain anonymity in states that...
Member or Manager Managed?
This question applies to limited liability companies (or LLC’s), not corporations. This is a very common question, and the answer...
Why Shouldn’t a US-Citizen “Open Up a Bank Account” for a Foreign National?
US Federal Law requires that banks “know their customer,” which are called “KYC laws” in the business. To learn more,...
