Members of a company are allowed to sell their shares at any time, provided they obtain permission from the other members.

Question

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Members of a company cannot sell their shares without complying with the rules and regulations of the company as well as the laws of the jurisdiction in which the company is registered. Permission from other members may not always be required, but the shares must be sold in accordance with the company's articles of association or bylaws.

Members of a Company Are Allowed to Sell Their Shares