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No. I own a C-Corp with three equal shareholders. In Texas, you need to decide on the frequency of dividend distribution. We distribute on the 1st of every m
by Zarathu 18y ago
No. I own a C-Corp with three equal shareholders.
In Texas, you need to decide on the frequency of dividend distribution. We distribute on the 1st of every month. That's all you need.
You also need to have documented shareholder meetings and so forth, but I'm digressing.