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OP:Corporate Entities for Professional Practice:Section III

    http://www.op.nysed.gov/corp/pcorpdomestic.htm
    Oct 08, 2020 · Each domestic professional service corporation must, on a date set by the New York State Education Department, furnish a statement and pay a statement fee to the Department listing the name and residence address of each shareholder, director and officer of such corporation and certifying that all such individuals are licensed and registered in this State in the profession which such corporation …

New York Consolidated Laws, Business Corporation Law - BSC ...

    https://codes.findlaw.com/ny/business-corporation-law/bsc-sect-715.html
    Jan 01, 2021 · (1) one or more other officers or employees of the corporation or of any other corporation of which at least fifty percentum of the outstanding shares of stock entitling the holders thereof to vote for the election of directors is owned directly or indirectly by the corporation, whom the officer believes to be reliable and competent in the matters presented, or

How Many Corporate Officers Must a Corporation Have ...

    https://lotzar.com/many-corporate-officers-must-corporation/
    Dec 18, 2014 · However, while a Corporation can have only one owner and still be considered a valid business entity, it is essential that you have all of the customarily required corporate officers. An experienced Scottsdale Arizona corporate lawyer can provide assistance with getting your organization incorporated and with maintaining the corporate form.

Best Practices for Not-for-profit Corporations Corporate ...

    http://www.omh.ny.gov/omhweb/resources/corporate_gov.html
    Best Practices for Not-for-profit CorporationsCorporate Governance and Executive Compensation. New York State Attorney General: Right from the Start: Responsibilities of Directors and Officers of Not-for-Profit Corporations. Internal Controls and Financial Accountability for Not-for-Profit Boards. Internal Revenue Service.

Existing Corporations and Businesses Department of State

    https://dos.ny.gov/existing-corporations-and-businesses
    Jul 13, 2021 · Thrive and expand across New York State. Existing domestic and authorized foreign corporations and other business entities may update their status or amend their records on file with the Department of State by filing documents such as certificates of amendment, certificates of merger and certificates of dissolution.

S Corporation Employees, Shareholders and Corporate Officers

    https://www.irs.gov/businesses/small-businesses-self-employed/s-corporation-employees-shareholders-and-corporate-officers
    Mar 16, 2021 · When corporate officers perform a service for the corporation and receive or are entitled to payments, those payments are considered wages. The fact that an officer is also a shareholder does not change this requirement. Such payments to the corporate officer are treated as wages. Courts have consistently held S corporation officers/shareholders who provide more than minor services to their corporation …

Powers & Duties of Corporation Directors & Officers ...

    https://www.wolterskluwer.com/en/expert-insights/powers-and-duties-of-corporation-directors-and-officers
    Apr 24, 2019 · Corporate officers—like directors—must discharge their duties in good faith, with the care an ordinarily prudent person in a like position would exercise under similar circumstances, and in a manner they reasonably believe to be in the best interests of the corporation. Officers also owe duties of fidelity, honesty, good faith, and fair dealing to the corporation.

Guide to Operating an S-Corporation: Officers Legal Form ...

    https://www.findlegalforms.com/articles/business/operating-s-corporation/officers-of-an-s-corporation
    Guide to Operating an S-Corporation: Officers. To the officers of a corporation fall the responsibilities of running the business. Their powers, however, are dictated solely by the board of directors. Officers can be given very broad powers to transact virtually all business for the corporation, or they can be tightly limited in their authority.

Nonprofit Directors and Officers – Not the Same Thing ...

    https://nonprofitlawblog.com/nonprofit-directors-and-officers-not-the-same-thing/
    May 14, 2019 · Officers. Officers, unlike directors, each have individual duties related to managing some aspect of the corporation’s activities and affairs. Such duties are generally not defined by corporate laws, but they are described in the bylaws and/or a written position description and defined in part by custom. State laws typically require a ...

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