Do you pay some fee to buy stuff at costco just like you have to do at Sams? Because I want to buy a TV there and I need to know. Thanks!!! Additional Details And can you tell me how ...
And is it possible to research a corporation's liabilities--like debts, liens, etc. What if the corporation is no longer registered as such--is it still a corporation?...
Not in the conventional sense, no. Only a corporation can issue stock that is traded on an exchange.
That said, stock or bonds are instruments for raising money. It is conceivable that a private company could solicit funds in exchange for 'stock' however at that level it becomes a private, legal agreement with the 'stock holders' and the company would have to set it all up themselves. This is the very way that student companies in the Junior Achievement program works.
jeff410
Sole proprietorships cant. Master Limited Partnerships can.
just_the_facts_ma'am
By definition, a sole proprietorship can't issue ownership interests to anyone else.
A partnership can issue ownership interests to others, though it's not in the form of stock. It's also not in the form of a certificate; usually the ownership interests are spelled out in the partnership agreement
tom_gpp
Only a corporation can issue stock. An LLC can issue membership interests. A Sole Porop (an individual) or a partnership (two people) cannot issue stock.
luckyaz128
Only a corporation can issue stock.
redwine
By issuing stock, do you mean sell stock in the public market? Most of them are corporations. But any organization can have stock that is held be investors, it just will not be tradeable in the public markets.
Feeling Mutual
Just Corporations, but I am not sure about LLCs, I think it depends on the state and their articles of organization.
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