Maryland | Business Law
1/01/03, 7:15 am
Legal Question
corporate funds
When starting a new corporation, I do not expect to have much funds in the company at first.
So the question is, how can I manage to give funds to the corporation over time without crossing the ''corporate as a separate entity'' lines to be held liable if being sued.
and how can I legally pay myself, and 3 employees nothing (by agreement, doing this with trusted friends) untill the corporation earns an income and I can give myself and friends a ''raise'' for income.
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Read More Answered By: Alton Drew |
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