Shareholders may agree among themselves as to restrictions on the transfer of shares.

Name: Shareholders may agree among themselves as to restrictions on the transfer of shares.
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Question

Quizplus · Accepted Answer

Shareholders can agree on restrictions on the transfer of shares, such as a right of first refusal or limitations on the number of shares that can be transferred at one time. These restrictions are typically outlined in the company's shareholder agreement or bylaws.

Shareholders May Agree Among Themselves as to Restrictions on the Transfer