3 ms·
Not sure what you mean by "otherwise jurisdictional consistent" but there needs to be some body of law which is used to judge disputes relating to the governanc
by voxic11 3y ago
Not sure what you mean by "otherwise jurisdictional consistent" but there needs to be some body of law which is used to judge disputes relating to the governance of the corporation. In the US this is the state law of the state in which the corporation was incorporated. I'm not sure why this would ever be a bad thing, could you give an example of the kind of failure you are alluding to?
- ggm 3y agoYou're saying that people never move incorporation or pick incorporation states for tax minimisation, or to avoid penalties or state labour laws, or debt or lawsuit related reasons?