Legal Question in Wills and Trusts in Massachusetts
can a 49%shareholder file for corp dissolvement in state of mass
Asked on 8/02/11, 1:22 pm
1 Answer from Attorneys
Alan Fanger
Alan S. Fanger, Esq.
The answer is yes. The holder of 40 percent of the outstanding shares may petition the court for dissolution of a corporation.
Answered on 8/02/11, 1:41 pm
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