Hello my wife and I are starting a business, where it will be a female owned business.
I am confused about the following
4. Paragraph 1 — Authorized Shares, Issued Shares and Consideration Received
Filing online, I have the shares listed as common 100,000 allocated issued 1000 at $ .01 would his work with the online filing? I read somewhere that online you can only do 1000 shares, I could be wrong.
Where do I indicate she is 51% owner? In the By laws?
How do I create the By laws? Are they filed with the state?
Any help would be greatly appreciated.
Pongo
I am confused about the following
4. Paragraph 1 — Authorized Shares, Issued Shares and Consideration Received
Filing online, I have the shares listed as common 100,000 allocated issued 1000 at $ .01 would his work with the online filing? I read somewhere that online you can only do 1000 shares, I could be wrong.
Where do I indicate she is 51% owner? In the By laws?
How do I create the By laws? Are they filed with the state?
Any help would be greatly appreciated.
Pongo
via Small-Business-Forum.net http://www.small-business-forum.net/starting-your-business/10168-illinois-articles-incorporation-how-do-i-allocate-shares.html
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