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Why might a Closely-held corporation have Stock Transfer Restrictions? To keep outsiders from purchasing stock. To provide estate beneficiaries a way to monetize their inheritance.
Why might a Closely-held corporation have Stock Transfer Restrictions?
To keep outsiders from purchasing stock.
To provide estate beneficiaries a way to monetize their inheritance.
To ensure that a selling shareholder does not jeopardize the company s tax status as an S-Corporation.
All of the above.
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