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closely held corporation

   Also found in: Legal, Financial, Acronyms 0.01 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.closely held corporation - stock is publicly traded but most is held by a few shareholders who have no plans to sell
corp, corporation - a business firm whose articles of incorporation have been approved in some state


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00 Hardcover Carolina Academic Press law casebook series KF1413 This legal text/reference covers the nature and purpose of the corporation and its role in public life, the fiduciary duties of corporate directors and officers, the roles of shareholders in publicly held and closely held corporations, and fundamental transactions of corporations, such as sales of assets, mergers, parent-subsidiary mergers, and tender offers.
is a closely held corporation that manufactures marine engines.
E contends that nontransferable IRAs are similar to (1) unassignable lottery payments, (2) stock in a closely held corporation, (3) stock that is subject to resale restrictions, (4) contaminated land and (5) land that needs to be rezoned to reflect the highest and best use.
 
 
 
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