can a family corporation sell shares?

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2006-07-12 02:20:09 · 3 answers · asked by blue 1 in Business & Finance ➔ Corporations

You must look at the bylaws to be sure. Those rules should be spelled out there.

2006-07-12 05:02:23 · answer #1 · answered by Thrasher 5 · 0⤊ 0⤋

Yes, but they won't be worth much unless you are selling more than 50% of the shares. A minority discount will apply, and it could be significant.

2006-07-12 02:24:02 · answer #2 · answered by miketorse 5 · 0⤊ 0⤋

yes

2006-07-12 16:59:41 · answer #3 · answered by arthur.krill@sbcglobal.net 2 · 0⤊ 0⤋