Alabama Buy-sell Agreement of Shareholders of Closely Held Professional Corporation
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Description
A professional corporation is a variation of the corporate form available to entrepreneurs who provide professional services - such as doctors, lawyers, accountants, consultants, and architects.
A buy-sell agreement is useful in assuring the orderly transfer of interests in a corporation. By limiting a party's ability to dispose of his or her interest in the corporation, control of the corporation may be assured.
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