Internal Revenue Code Sections 1361-1379: Federal regulations governing S Corporation structure, eligibility, and operations, including tax treatment and compliance requirements

SEC Regulations: Federal securities regulations that may apply to the S Corporation, particularly regarding stock issuance and transfer

IRS S Corp Status Requirements: Specific requirements for maintaining S Corporation status, including shareholder limitations, citizenship requirements, and single class of stock rule

State Corporation Laws: State-specific business corporation acts and regulations governing corporate formation, operation, and dissolution

State Filing Requirements: State-specific documentation and filing obligations for maintaining corporate status and compliance

State Tax Laws: State-specific tax regulations and requirements applicable to S Corporations

State Securities Regulations: State-level securities laws governing stock issuance, transfer, and trading restrictions

Corporate Governance Requirements: Rules and regulations regarding corporate structure, board of directors, officers, and decision-making processes

Shareholder Restrictions: Limitations on number of shareholders (maximum 100) and requirements for maintaining proper shareholder records

Shareholder Eligibility Rules: Requirements that shareholders must be US citizens or residents, and restrictions on certain types of shareholders

Single Class of Stock Requirement: S Corporation requirement to maintain only one class of stock with identical rights to distribution and liquidation proceeds

Meeting and Voting Procedures: Requirements for conducting annual meetings, special meetings, and establishing voting protocols for shareholders and directors

Record-Keeping Requirements: Obligations for maintaining corporate records, minutes, resolutions, and other important documentation

Annual Compliance Obligations: Regular filing deadlines, reporting requirements, and maintenance of corporate status at both federal and state levels