Legal Question in Business Law in California
In smal corporation can a person be a president of the company without beeing a shareholder?
Asked on 7/27/09, 12:16 pm
1 Answer from Attorneys
Terry A. Nelson
Nelson & Lawless
Yes, he is an employee just like any other. Too bad if he didn't negotiate a better deal, that's all.
Answered on 7/27/09, 3:03 pm
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