I would like to ask the forum's expertise/help on the following matter:
My father registered a corporation (under the laws of Michigan) several years ago. On the Articles of Incorporation, it lists only his name under Article V (names/addresses of the incorporators). There is no mention of my mother's name on that document.
A few years ago, my father's corporation sold a minority stake of his corporation to another company. Both my father and mother signed those documents (e.g. stock certificates) related to selling off a minority stake of the company. In other words, someone looking at those documents would perhaps be led to believe my mother owns an equal stake in the company as my father does.
So my question is: legally speaking, does my mother actually own any part of the corporation my father created? Or was her signature on the stock certificates completely unnecessary (and perhaps even inappropriate)? To clarify, my question is under the presumption they remain married.
If I left out important pieces of info needed to answer my question, please let me know and I will try to answer them. Thank you.
My father registered a corporation (under the laws of Michigan) several years ago. On the Articles of Incorporation, it lists only his name under Article V (names/addresses of the incorporators). There is no mention of my mother's name on that document.
A few years ago, my father's corporation sold a minority stake of his corporation to another company. Both my father and mother signed those documents (e.g. stock certificates) related to selling off a minority stake of the company. In other words, someone looking at those documents would perhaps be led to believe my mother owns an equal stake in the company as my father does.
So my question is: legally speaking, does my mother actually own any part of the corporation my father created? Or was her signature on the stock certificates completely unnecessary (and perhaps even inappropriate)? To clarify, my question is under the presumption they remain married.
If I left out important pieces of info needed to answer my question, please let me know and I will try to answer them. Thank you.