Form with which a corporation may alter the amount of outstanding shares issued by the corporation.
Form with which a corporation may alter the amount of outstanding shares issued by the corporation.
financed distribution occurs when a passthrough entity, such as a partnership, secures debt and then distributes a portion of the debt proceeds to its owners.
Key Things to Remember in Washington Shareholder Oppression Matters. Statutory Basis - Washington has adopted a shareholder oppression statute, RCW 23B. 14.300, that provides a cause of action. Standing - Minority shareholders must own at least 20% or more of the outstanding shares to sue for oppression.