Legal Question in Business Law in California
Hiring as Inc. Stocks given as LLC
Is it allowed within the State of California to provide employment contracts under a corporate name utilizing Company Name Inc. to indicate incorporated, and providing stock as a Company Name LLC. Are there any ramifications relating to this practice?
Asked on 3/15/04, 1:08 pm
1 Answer from Attorneys
Ken Koenen
Koenen & Tokunaga, P.C.
Re: Hiring as Inc. Stocks given as LLC
You cannot use the "Inc." unless the entity is incorporated. If it is an LLC, it must state LLC on all documents.
Answered on 3/15/04, 1:48 pm
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