Connecticut Legend on Stock Certificate Giving Notice of Restriction on Transfer due to Stock Redemption Agreement Requiring First an Offer to the Corporation and then an Offer to other Stockholders

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Description

A Legend is a statement on a stock certificate noting restrictions on the transfer of the stock, often due to SEC requirements for unregistered securities. A stock redemption agreement is a contract between a corporation and the stockholder, where the corporation repurchases the stock from the owner

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Primary tabs. Interstate commerce is the general term for transacting or transportation of products, services, or money across state borders. Article I section 8 clause of the U.S. Constitution, the commerce clause, grants Congress the power to ?regulate commerce. . .

Breach Of Contract The statute of limitations for breach of a written contract is six years from the act or occurrence complained of (CGS § 52-576).

Under Connecticut law, corporations (both stock and nonstock), limited partnerships, limited liability companies, limited liability partnerships and statutory trusts formed outside of Connecticut must obtain a certificate of authority from the Secretary of the State and pay a statutory fee before transacting business ...

Primary tabs. A close corporation is a corporation which is held by a limited number of shareholders and is not publicly traded.

In Connecticut, there is a five-year time limit for the filing of crimes that carry a punishment of imprisonment for more than one year. Most other crimes, with some notable exceptions, have a one-year deadline. Murder and other Class A felonies, meanwhile, have no statute of limitations.

Section 33-920. - Authority to transact business required. (a) A foreign corporation, other than an insurance, surety or indemnity company, may not transact business in this state until it obtains a certificate of authority from the Secretary of the State.

Subscribers. persons who have agreed to take and pay for original, unissued shares of a corporation formed or to be formed. promoters. persons who bring about or cause to bring about the formation and organization of a corporation.

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Connecticut Legend on Stock Certificate Giving Notice of Restriction on Transfer due to Stock Redemption Agreement Requiring First an Offer to the Corporation and then an Offer to other Stockholders