Sacramento California Right of First Refusal to Purchase All Shares of Corporation from Sole Shareholder

State:
Multi-State
County:
Sacramento
Control #:
US-01518BG
Format:
Word; 
Rich Text
Instant download

Description

In the sale of a business through a stock transfer, care should be taken to determine the actual ownership of the stock to be sold. Everyone having an interest in it should be made a party to the agreement. A buyer acquiring a business through a stock acquisition takes the business subject to both the known and unknown liabilities of the seller. Accordingly, the buyer should seek protection through the inclusion of detailed seller's warranties as to the corporation's financial condition.

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Sacramento California Right of First Refusal to Purchase All Shares of Corporation from Sole Shareholder