Sample Corporate Notices of Meetings, Resolutions, Simple Stock Ledger & Certificate.
Austin Sample Corporate Records for a Texas Professional Corporation
State:
Texas
City:
Austin
Control #:
TX-PC-CR
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Sample Corporate Records For A Texas Professional Corporation?
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FAQ
If your business meets the qualifications, S corporation status allows you to avoid double taxation, thus increasing your net profits. In many states, licensed professionals are not permitted to operate as regular corporations. However, a professional corporation is an alternative that provides limited liability.
Professional corporations provide a limit on the owners' personal liability for business debts and claims. Incorporating can't protect a professional against liability for his or her negligence or malpractice, but it can protect against liability for the negligence or malpractice of an associate.
In Texas, professional corporations are comprised of groups such as architects, attorneys, certified public accountants, dentists, and veterinarians. All professionals within a professional corporation must be properly certified or licensed by the state in which they incorporate.
You can find information on any corporation or business entity in Texas or another state by performing a search on the Secretary of State website of the state or territory where that corporation is registered.
A professional corporation is a corporation that is formed for the purpose of providing a professional service that by law a for-profit or nonprofit corporation is prohibited from rendering.
Professional corporations (PCs), or professional service corporations, are a unique corporate structure which is comprised of a specific group of professionals. An S corporation or a C corporation may be formed by certain professionals including physicians, attorneys, engineers, or accountants.
Texas law does not require a business to have a seal; therefore the secretary of state does not have information or regulations on how to design a seal or where to obtain one. Seals, stock certificates, and minute books can be purchased from book stores, office supply stores, or corporate service companies.
State Seal Laws In states such as New York and California, you do not need corporate seals. For instance, California statutes give corporations the authority to use and adopt corporate seals, but having a seal has no effect on the validity of any documents or instruments.
Yes. Tex. Gov Ann. 406.013 requires a Texas notary to use a seal of office to authenticate all his or her acts.