Antitrust Law

Asbestos Law

Civil Rights Law

Communications Law

Contract Law

Dispute Resolution

Divorce Law

Education Law

Family Law

Health Law

Immigration Law

Incorporation

Internet Law

Intellectual Property

Landlord Tenant Law

Law Schools

Lawsuit Funding

Lemon Law

Medical Malpractice

Other Law Fields

Personal Injury

Prepaid Legal Services

Structured Settlement

Tax Law

Workers Comp

 

Free Legal Advice

Online Legal Forms

Legal Answers

Legal Definitions

Advertise on LDB


 

 

Closed Corporation

Navigation:  Home > Business Structures> Closed Corporation

 

A closely held corporation usually limits the number of shareholders or owners to no more than 30. Additionally, the transfer of ownership or shares of stock are restricted and most of the shareholders are actively involved in the management of the business closed corporations are generally run by family members. Shares of a close corporation are therefore not normally traded on a stock exchange.

Sponsored Ads

Find a Lawyer

Sponsored Links

Your Ad Here