Legal Question in Business Law in Tennessee
corporate ownership
President and sole stockholder of a corp. dies, no will, does spouse assume president responsibilites even if they are not listed as an officer?
Asked on 4/24/08, 3:22 pm
1 Answer from Attorneys
Robin Gordon
Gordon Law Group, PLC
Re: corporate ownership
No, the by laws would address the order of succession; spouse may own the shares
Answered on 4/24/08, 4:12 pm
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