Legal Question in Business Law in California
Place title of vehicles in Corporation name
What procedure is necessary to put our 2 vehicles in the corporation name of our business. We have pink slips in our name currently.
Asked on 1/04/09, 7:26 pm
2 Answers from Attorneys
Re: Place title of vehicles in Corporation name
It is fairly straightforward to transfer vehicle title to a corporation. However, there could be other tax and legal issues with doing this. With limited information it's difficult for me to say exactly if and how this should be done. Some questions... Whose two vehicles are they? Why you are doing this? Is it for tax reasons? Liability reasons?
Answered on 1/05/09, 1:20 pm
OCEAN BEACH ASSOCIATES
OCEAN BEACH ASSOCIATES
Re: Place title of vehicles in Corporation name
The dmv should be able to help you with the required forms as long as you have properly incorporated. Contact me directly.
Answered on 1/05/09, 1:32 pm