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Tag Archives: Corporations

WE LAW: Corporate governance and management

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Mitt Romney was right. Corporations are “people” – at least in the sense that they have many of the same rights and obligations as individuals. Corporations (and other business entities) can enter into contracts, incur debt, sue and be sued. Business entities cannot, however, act on their own behalf. Determining who has the power and authority to act for and ...

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LLCs have April 15 deadline for submitting annual reports

The new year brought a bit of extra work for Mississippi limited liability companies. For the first time, LLCs based in the state must file annual reports with the Secretary of State’s office by April 15 Don’t stress over it, though. All the state wants is an update on your address, executives and officers. No fee is charged for domestic ...

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