Unless You are the Sole Shareholder of a Corporation, You Need a Shareholders’ Agreement

A shareholders’ agreement is a contract among the shareholders of a corporation (with typically the corporation also as a party) setting forth the rules by with the shareholders are to act in relation to one another and the corporation.  The agreement can document key issues such as how shares can be sold, what happens if…

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Disadvantaged Business Enterprise Certification Can Grow Your Business

Certification as a business owned by a socially and/or economically disadvantaged individual or group of individuals can provide a company with a competitive edge when bidding on contracts with government agencies, Fortune 500 corporations, and many other businesses that have certain set-asides. Common certification programs include: woman-owned businesses (WBE), minority-owned businesses (MBE); veteran-owned businesses (VBE…

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Reminder about Duration of UCC Financing Statements

The California Secretary of State’s office is the central filing office for certain financing statements and other lien documents provided for in the Uniform Commercial Code.  Filing with the Secretary of State serves to perfect a security interest in named collateral and establish priority in case of debtor default or bankruptcy. Generally, the active duration…

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There are Strict Filing Requirements to Maintain Your Trademark Registration

A trademark or service mark is a distinctive sign or indicator used or intended to be used by an individual or entity to identify and distinguish the goods and/or services of one seller or provider from those of others, and to indicate the source of the goods and/or services. United States Patent and Trademark Office…

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Don’t Let Your DBA Expire

A fictitious business name statement (dba or “doing business as”) must be registered with the county clerk of the county of the registrant’s principal place of business if the business is any of the following: (i) sole proprietorship doing business under a name not containing the owner’s surname; (ii) partnership; or (iii) corporation doing business…

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