Legal Question in Business Law in Colorado
Can a privately owned company assess different monetary amounts on shares according to whom they are being paid out to
Asked on 2/23/22, 2:26 pm
1 Answer from Attorneys
Robert Murillo
Pivotal Legal Ltd.
If the company followed all the procedures to issue preferred shares, the shares you discuss are preferred shares, and, finally, if the preferences allowed for these different monetary amounts, yes. Otherwise, absolutely not.
It is unclear if you are a shareholder or if you own this company. Regardless, it sounds like you need to hire a business attorney. Soon.
Answered on 2/23/22, 4:08 pm
Related Questions & Answers
-
Add a co-owner to my llc truck company in colorado when they live in another state Asked 2/06/22, 9:46 am in United States Colorado Business Law
-
Can I set up an LLC that has two couples (Mr. & Mrs Smith and Mr & Mrs Jones... Asked 7/30/21, 12:10 pm in United States Colorado Business Law
-
My business partner did not contribute to the work we were doing despite many... Asked 7/03/20, 12:47 pm in United States Colorado Business Law
-
Hello - What are the best, quickly formed, inexpensive, legal options for creating a... Asked 9/15/19, 12:25 pm in United States Colorado Business Law
-
If a doctor receives a check from Medicare can he sign it over to a 3rd party for... Asked 12/05/18, 8:30 am in United States Colorado Business Law