Corporate Banking

Just a reminder to everyone, never commingle funds! This means that you never pay personal expenses from the corporate checking account, and you do not pay corporate bills from your own checking account. If things get a little tight, there are proper ways to deal with the situation, such as executing loans or purchasing additional stock. And of course, remember to put those transactions into the minutes. Under Nevada law such things as commingling funds does not result in piercing the corporate veil as it could in most States. Nevertheless, it is advisable to adhere to this policy as a matter of sound business practice.