Assertion: close corporation's shareholder | /r/CapableOf | run the corporation
Facets:
value: themselves
type: MANNER
value: by way of a shareholder agreement
type: MANNER
Source sentences:
text: Shareholders can run the corporation, by way of a shareholder agreement, which is similar to an LLC or a partnership operating agreement.
text: In some states, an exception is made for corporations with a limited number of shareholders -- usually less than 35 to 50 -- so that shareholders can dispense with the usually corporate formalities of establishing a board of directors or officers and run the corporation themselves.