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Maybe paste some more. The giant definition of Transfer is fine, and then it says “you can’t transfer unless it’s according to the rules of this section” So wh
by YuriNiyazov 3y ago
Maybe paste some more. The giant definition of Transfer is fine, and then it says “you can’t transfer unless it’s according to the rules of this section”
So what are the rules of the section? The definition is not the rules.
- stock-throwaway 3y agoHere's the meat of it: """ Before shares of common stock of the corporation may Transfer to another prospective holder, such Stockholder must obtain the prior written consent of the corporation upon resolutions duly approved by the Board of Directors, which consent may be withheld by the Board of Directors in its sole discretion. """ There are some exceptions like passing it on to your heirs when you die or if the company IPOs.
- YuriNiyazov 3y agoOk. So, who at the corporation did you actually get a refusal from? Did you manage to get a resolution in front of the board somehow?