Project Category: business

I’ve had existing clients and prospective clients here in New Mexico ask me if they should register their business in Delaware because everyone knows Delaware is all the rage for business organization.

Employers have been using noncompete agreements to safeguard their secret sauce since the dawn of capitalism. Today, about 1 in 5 workers, or about 30 million employees, are subject to a noncompete agreement.

Almost every contract has a line in it that says something like “this contract may only be amended in writing signed by both parties.” But we rarely hear about the procedure for amending the contract.

Short Answer: You can issue stock by writing a resolution, having the board of directors vote on it, and keeping good records of the process of transferring stock.

Short Answer: No, the burden is on you to make sure you know what you’re signing.