Assertion: close corporation | /r/CapableOf | refuse to register the transfer of stock
Facets:
value: into the name of the transferee
type: OTHER
value: into the name of a person
type: OTHER
Source sentences:
text: Except as otherwise provided in subsection 5, the close corporation may refuse to register the transfer of stock into the name of a person to whom the stock of a close corporation has been transferred if the person has, or is presumed to have, notice that the transfer of the stock is in violation of a restriction on the transfer of stock.
text: If the close corporation refuses to register the transfer of stock into the name of the transferee, the close corporation must notify the transferee of its refusal and state the reasons therefor.