Legal Question in Business Law in Nevada

Setting the stock price for an s corp

I was curious how many shares you should suggest I set, and if there are any

ramifications as to how much I set each share price to be?

Thanks,

Adam


Asked on 4/07/06, 5:17 pm

2 Answers from Attorneys

James Smith James E. Smith Ltd.

Re: Setting the stock price for an s corp

In Nevada the maximum share you can get for the cheapest price is 7,500. I would obtain those many.

Read more
Answered on 4/07/06, 5:19 pm
Terry A. Nelson Nelson & Lawless

Re: Setting the stock price for an s corp

That is a decision that must be made in consultation with your accountants and attorneys, in relationship to the actual book value of the company's assets, and other factors. When and if a dispute arises later, you will have to be able to show how you factually and legally justified the price. Sounds like you need real legal counsel, not anonymous free advice. Contact me if interested in doing it right.

Read more
Answered on 4/07/06, 6:52 pm


Related Questions & Answers

More Business Law questions and answers in Nevada