Founders' shares can be created after incorporation by amending the articles of incorporation. For a close corporation, a founders' share will be converted to a common share if its ownership is transferred to children or sold back to the holding corporation, thereby ceasing to be a founders' share.
Founders' shares can be created after incorporation by amending the articles of incorporation. For a close corporation, a founders' share will be converted to a common share if its ownership is transferred to children or sold back to the holding corporation, thereby ceasing to be a founders' share.
Founders' shares can be created after incorporation by amending the articles of incorporation. For a close corporation, a founders' share will be converted to a common share if its ownership is transferred to children or sold back to the holding corporation, thereby ceasing to be a founders' share.