Legal Question in Business Law in Maryland
I am a minority shareholder in a Maryland S Corp. We do not have any buy sell agreement and I want to sell my share to another shareholder. Do I need to ask permission of the company?
Asked on 1/27/10, 9:08 am
1 Answer from Attorneys
Robert Sher
Wagshal and Sher
Unless it's prohibited or restricted in the corporate by-laws, you should be able to do this.
Answered on 2/01/10, 9:19 am
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