C-Corp, S-Corp, B-Corp- Huh? What’s Best for Your Food and Agriculture Operation

Rincker Law Business/Commercial Law, Food & Ag Organizations Leave a Comment

Under NY Business Corporation Law (“BCL”), a corporation is formed in New York by filing a Certificate of Incorporation with the NYS Department of State.  Individual shareholders will not be held personally liable for the debt of the corporation unless the “corporate shield” can be pierced.  The corporate shield can be pierced in New York if a court finds that the …

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