Legal Question in Business Law in Pennsylvania
classes of stock
In a S corporation, if the corporation offers more than one class of stock what would the penalties be ?
Asked on 4/30/07, 3:47 pm
1 Answer from Attorneys
Daniel Pepper
Pepper Law Group, LLC
Re: classes of stock
Ordinarily, the S corporation election would be disallowed, and it would be treated as a C corporation.
Answered on 4/30/07, 3:59 pm
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
