GMGT 3300 Chapter 9: Commercial Law Textbook Topic 45

• School: University of Manitoba
• Department: General Management
• Course: GMGT 3300
• Professor: Ian A.Restall

Document Summary

Them you have a mess, therefore they are essential. Bank usually wants a set of the first by-laws and then has another. 2nd set of by-laws that they want signed indoor management is governed by by-laws public isn"t expected to know what"s in the by-laws and therefore it is an internal matter 3. Costs around -1500 if you do it with a lawyer etc. But you protect yourself from risk, therefore could be invaluable it costs a year to keep the corporation alive and lawyers fees if you want to change anything. Takes 3 days to 2 weeks to incorporate. It can be rushed through in one day for more money corporation on the shelf refers to corporations a lawyer has made that he can sell to a client at a minutes notice. Limited liability ease of transfer of ownership.