Abstract
I. Introduction
II. Mini-Corporateness; Maxi-Formality
III. Impediments to Close Corporation Control … A. The Board Requirement … B. Controlling the Board … 1. Contracting with Respect to Voting Rights … 2. Contracting with Respect to Management
IV. Illusory Advantages of Close Incorporation …A. Exposure to Liability via Informality of Operation … B. Exposure to Liability due to Inadequate Capitalization … C. Practical Liability
V. Conclusion
Recommended Citation
Dennis A. Graham,
Sole Proprietors' Quandry: Opening the Close Corporation,
54 Neb. L. Rev. 527
(1975)
Available at: https://digitalcommons.unl.edu/nlr/vol54/iss3/3