Close Corporations
Close corporations issue stock but the issue is private and limited, usually to less than 30 stockholders. Normally all stockholders are involved in board-level decision-making. The transfer and sale of stock is tightly held.
Close corporations issue stock but the issue is private and limited, usually to less than 30 stockholders. Normally all stockholders are involved in board-level decision-making. The transfer and sale of stock is tightly held.