Legal Question in Business Law in California

There are two shareholders of a California corporation, shareholder A and shareholder B. Shareholder A wants out. The corporation was suspended 5 months ago. Can shareholder B purchase the shares of shareholder A even if the corporation is suspended?


Asked on 4/01/12, 10:22 pm

1 Answer from Attorneys

Yes.

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Answered on 4/01/12, 10:30 pm


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