Legal Question in Business Law in California
Chief Financial Officer in a California corporation - is there an absolute requirement to have a Chief Financial Officer in a corporation? That position is part of the Statement of Information for a corporation. Can that position jut be left blank?
Asked on 12/05/18, 10:48 am
1 Answer from Attorneys
A chief financial officer, whether they hold that title or something else like Treasurer or Controller, must be identified because that person is personally responsible to the tax authorities. However, it does not have to be a different person from the rest of the corporate officers. One person can be the president, CEO, CFO and Secretary all at the same time, if the company is small enough and the shareholders agree.
Answered on 12/05/18, 11:02 am
Related Questions & Answers
-
I am buying a small energy bar company ( similar to cliff or power bar) . The owner... Asked 10/24/18, 10:40 am in United States California Business Law
-
I sued a defendant in pro per. The defendant has hired an attorney. The defendant's... Asked 10/17/18, 12:30 pm in United States California Business Law
-
We are a distributor in California of a product line with the manufacure's USA... Asked 10/11/18, 12:09 pm in United States California Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
