Legal Question in Business Law in Texas
Corporate partnership
I am a 1/4 owner in a corporation and I would like to sell my part. Do I have to offer it to other partner first and is there anything I should be careful about?
Asked on 2/02/09, 6:55 am
1 Answer from Attorneys
Doug McCullough
Phillips & Reiter
Re: Corporate partnership
That will depend whether the bylaws or any buy-sell agreement requires you to offer it to them.
There are a lot of issues to consider in selling shares in a company, including the tax issues. We'd be happy to discuss this with you.
Answered on 2/02/09, 9:58 am
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