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Author Question: Discuss the documents necessary for the creation of a coop and a ... (Read 14 times)

james0929

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on: Jun 24, 2018
Discuss the documents necessary for the creation of a coop and a condominium.

Question 2

In close corporations, restrictions on the transfer of stock to outsiders are void. A provision giving a corporation the right to purchase a shareholder's shares on the death of the shareholder is invalid.
  Indicate whether the statement is true or false


Bsand8

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Reply #1 on: Jun 24, 2018
Answer to Question 1

Coop: incorporation, bylaws, proprietary lease, rules and regulations
Condominium: Declaration of Condominium, bylaws, rules and regulations, deeds

Answer to Question 2

FALSE


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