{"id":216,"date":"2014-04-03T15:43:59","date_gmt":"2014-04-03T22:43:59","guid":{"rendered":"http:\/\/kleinlawcorp.com\/legal-resources\/?page_id=216"},"modified":"2021-03-19T15:33:43","modified_gmt":"2021-03-19T22:33:43","slug":"keep-your-corporate-shield-intact-take-the-required-steps","status":"publish","type":"page","link":"https:\/\/lighthouselegalservices.com\/legal-resources\/keep-your-corporate-shield-intact-take-the-required-steps\/","title":{"rendered":"Keep Your Corporate Shield Intact. Have You Taken the Required Steps?"},"content":{"rendered":"

Why is it necessary to maintain my corporate record book?<\/h2>\n

California Corporations Code \u00a71500 states:<\/strong> \u201cEach corporation shall keep adequate and correct books and records of account and shall keep minutes of the proceedings of its shareholders, board and committees of the board …\u201d<\/p>\n

Are your personal assets at risk?<\/strong> Failure to maintain that documentation, known as your corporate formalities, could make YOU personally liable for any actions taken by the corporation.<\/p>\n

It has been estimated that 60% of small closely held corporations would fail to protect their owners in the event of a lawsuit or an IRS audit due to inadequate corporate records.<\/strong><\/em><\/p>\n

Let a corporate attorney handle the paperwork for you!<\/h2>\n

Are Your Records Current? We realize that when running a company, corporate paperwork is often the last thing on your list. However, if a lawsuit hits the result could be devastating if you have let your paperwork slide.<\/p>\n

To address these concerns and to assist you, we have created our Minutes-Master<\/em><\/strong><\/a> program where, for a low price of $189, we will conduct a review of your corporate record book to determine if:<\/p>\n

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  1. The integrity of your corporate shield is maintained by the proper follow through of corporate formalities:<\/li>\n