Assertion: close corporation's shareholder | /r/HasProperty | limit
Facets:
value: on transfer
type: TEMPORAL
value: on the amount of direct control
type: OTHER
Source sentences:
text: In a classic corporation, shareholders may vote for members of the board of directors, but there are limits on the amount of direct control a shareholder may have.
text: Shareholders also can sell their shares, unless there is a restriction on transfer imposed in the articles of incorporation or a shareholders' agreement (generally an issue with close corporations).