The basic rules governing distributions contained in $ 301 cover the distributions of all property to a shareholder, including all of those items below except

Name: The basic rules governing distributions contained in $ 301 cover the distributions of all property to a shareholder, including all of those items below except
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Quizplus · Accepted Answer

The basic rules in $301 do not cover distributions of the corporation's own stock to shareholders, as these are typically governed by different rules related to stock dividends.

The Basic Rules Governing Distributions Contained in $ 301 Cover