Forming a Corporation

Choosing the Business Entity The selection of a type of business ownership is a decision that a person should make, in consultation with an attorney and...

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Nature of the Corporation

What is a corporation? How is it different from a partnership? What are the legal obligations? Attributes of the corporate entity The corporate structure allows the...

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Property Rights and Privileges of Share Ownership

Texas law recognizes “the property right which a share in such a company creates.” Yeaman v. Galveston City Co., 167 S.W. 710, 719 (Tex. 1914). In...

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Share Certificates

Ownership interests in a for-profit corporation must be evidenced by a share certificate, unless otherwise provided by the governing documents of the corporation or by resolution...

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Stock in a Corporation

What is stock in a corporation? Capital Stock The defining characteristic of a corporate legal structure is that its ownership is in the form of stock....

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