Assertion: close corporation's shareholder | /r/CapableOf | opt in state
Facets:
value: by forming a close corporation
type: MANNER
value: out of the centralized management structure
type: OTHER
Source sentences:
text: In some states, shareholders can opt out of the centralized management structure by forming a close corporation, but there are significant disadvantages to forming a close corporation, and owners often choose to form an LLC instead.