How would an S-corp go about designating a non-company member to act as a signatory to sign contracts for sub-contractors, purchase insurance, etc.?
Get Legal Help Today
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
How would an S-corp go about designating a non-company member to act as a signatory to sign contracts for sub-contractors, purchase insurance, etc.?
Asked on January 14, 2015 under Business Law, California
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 9 years ago | Contributor
1) Employ him or her with an appropriate title (e.g. "director of operations," "general manager," etc.) which would denote the authority.
2) Enter into a contract with him or her as an independent contractor (non-employee) laying out his or her authority; he or she could then provide a copy of the agreement as proof of authority, if required.
IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.