Which of the Following Requirements Do Not Have to Be

Which of the following requirements do not have to be met in a section 351 transaction?

A) Each transferor of property must receive stock equal to at least 80 percent of the fair market value of the property transferred.
B) Only property transferred to a corporation is eligible for deferral.
C) In the aggregate, the transferors of property to the corporation must collectively control the corporation immediately after the transfers.
D) All transfers of property to a corporation must be made simultaneously to qualify for deferral.