M
marcie74
Guest
What is the name of your state? SC
Just curious if anyone knows the rules in regards to selling minority shares of stock for an S-corporation that we no longer wish to be involved in? We own approx. 14% and want to offer the shares back to the majority owner or another shareholder. We don't agree with the way the coporation is being run. We think the maj. shareholder will accept them, but what if she doesn't? Can we force the corporation to buy them back? And will we need a lawyer...?
Thanks,
Marcie74
Just curious if anyone knows the rules in regards to selling minority shares of stock for an S-corporation that we no longer wish to be involved in? We own approx. 14% and want to offer the shares back to the majority owner or another shareholder. We don't agree with the way the coporation is being run. We think the maj. shareholder will accept them, but what if she doesn't? Can we force the corporation to buy them back? And will we need a lawyer...?
Thanks,
Marcie74