• Windex007@lemmy.world
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    13 hours ago

    Minors can legally own shares of a private company.

    I’m not saying THIS child does… and out of EVERYONE on the list that kid is entirely morally absolved anyways by virtue of being a little kid.

    But, they can own shares.

    • Karmanopoly@lemmy.worldOP
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      10 hours ago

      Minors cannot sign contracts, so any ownership would be thru a trust or other legal apparatus.

      They’d have to write the name of the trust on the trophy

    • village604@adultswim.fan
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      11 hours ago

      Usually it’s under a special type of account where the parents are the legal owners until the kid turns 18.