Legal Question in Business Law in Florida
S Corp Stock Percent Change
My wife and I own an S Corp. We both control 50% of the stock each. We would like her to become majority owner with 51% to my 49%. IN the state of Florida how can I do that? WHat is the procedure to change stock percentages at this point?
Asked on 10/08/03, 6:07 am
1 Answer from Attorneys
Peter Gonzalez
Sanchez-Medina, Gonzalez, Quesada, Lage, Crespo, Gomez & MachadoLLP
Re: S Corp Stock Percent Change
You can either issue more stock to her or transfer part of your shares of stock to her.
Answered on 10/08/03, 4:18 pm
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