Terry D EA Posted March 31, 2009 Report Posted March 31, 2009 In order for a private company, (S-Corp), to maintain its corporate status, must the company issue stock certificates? This company is not publicy traded and I am not aware of any law in NC that states that stock must be issued. However, another CPA firm has stated this is so. Can anyone shed some light on this for me. Terry D. Quote
schirallicpa Posted March 31, 2009 Report Posted March 31, 2009 I believe a corp must issue a least one share of stock per stockholder regardless of valuation. Quote
Bart Posted April 1, 2009 Report Posted April 1, 2009 In order for a private company, (S-Corp), to maintain its corporate status, must the company issue stock certificates? This company is not publicy traded and I am not aware of any law in NC that states that stock must be issued. However, another CPA firm has stated this is so. Can anyone shed some light on this for me. Terry D. Ask a lawyer in NC. Quote
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