In an S-Corps, there can be no more than 100 shares. The business started off as a PLLC with the owner being a licensed provider. Now that it is an SCorps, can non-licensed individuals have shares to the business.
Answers
Good morning, Ms. Hall. In the State of Texas, the answer is yes, but the State of Washington may be different. There is a SCORE office in Olympia and one in Tacoma. I suggest you check with a mentor in either. Or you can go to www.score.org and click on "Find a Mentor," and enter your zip code. They are well versed in the laws in Washington State.
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