Jump to content

Recommended Posts

Posted

Husband and wife with separate businesses who would ordinarily satisfy the "non-involvement" clause, but are considered a CG due to community property state, now move to a non-community property state. Presumably this takes them back out of CG status - just wondered if anyone had a different opinion? Thanks.

P.S. - this brings another question to my mind unrelated to CG status. When you have a corporation in one state, if you move your business to another state, do you have to do new articles of incorporation or whatever in your new state, or do all states recognize corporations incorporated in another state, etc....?

Posted

Not sure about the CG piece of the question.

A corporation that moves to a new state needs to register to do business as a foreign corporation in the new state. I'm not familiar with all the states, but in Missouri it's a pretty simple process. They also need to make sure that they still have a registered agent to receive legal process in the original state.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use