The Official Corporation Record Book Scam - Save Your Money

There are loads of companies out there whose primary business is to sell official corporate minute books. These "official kits" usually include a corporate binder, a corporate seal, official share certificates, stock ledger and some organization dividers. There is a whole business built around the perception that these "official company record books" are required by all corporations and limited liability companies. The reality is that these overpriced items are nothing more than an unnecessary expense. There is no legal requirement for a corporation to have an official corporate book. True, it is highly recommended that every company have a central book where they keep all of their corporate documents. ...

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