Can minor children be members in a corp or and an LLC?

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Can I make my minor children members in my corporation (C corp) and my LLC.

2007-01-15 05:34:55 · 2 answers · asked by EASTCOAST 1 in Business & Finance ➔ Small Business

I believe the answer is no. You can be president, and VP, and etc of your own company though if you are planning to start a business.

2007-01-15 15:38:08 · answer #1 · answered by ValentineP 4 · 0⤊ 0⤋

I've never heard of that but I would image all states are different. Contacting a tax attorney would be the best solution.

2007-01-15 05:59:33 · answer #2 · answered by OhNo! 2 · 0⤊ 0⤋