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Manchester New Hampshire online Form 8832: What You Should Know
Iii. Business owners are less prone to corporate fraud. Limited Liabilities of a Corporation 3.1. Application of Federal Limited Liability Corporations to Nevada. A. Forms. Forms need not be filed with the corporation. The secretary's office has approved the Form 8832 for use. b. Form of corporation. A single-level corporation, with capital stock and members, is created. The board of directors includes the President and Secretary. A person holding stock in the corporation may serve on the board. All money received is kept in a separate bank account. c. Conduct of business. The corporation conducts its affairs as a separate entity, separate for federal purposes, from which the corporation's agents or instrumentalities, officers or employees may lawfully do business. Each is treated as separate and apart as required by law. d. Provision of services. The corporation does not provide its agents or instrumentalities with any services. e. Form of Articles of Organization. The Articles of Organization must include the following: 1st section — The name of the corporation, including the word “Limited.” 2nd section — The type of corporation, and its name, address and signature as set forth on any amendment thereto. 3rd section — A statement of the purposes for which the corporation is organized. 4th section — The corporation's authority, in its corporate name, to do business in Nevada. 5th section — The corporation's intention that all of its members will comply with all Nevada laws, rules and regulations, when conducting its business in Nevada. i. If the Articles of Organization include a statement of the purposes for which the corporation is organized, all members of the corporation must comply with the article. ii. If the Articles of Organization do not include a statement of the purposes for which the corporation is organized, the article should state the purposes of the corporation, and it is the intention of the corporation that only its agents or instrumentalities will properly carry on the corporation's business in Nevada. iii. A person may not serve as an agent or instrumentality of another corporation in this state. The corporation may not pay any money into the other corporation's account unless the money was received by the other corporation pursuant to the other corporation's direction. f. Exclusive rights, franchise, and privilege.
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