Closely held corporation definition

Closely held corporation means a corporation that does not have more than
Closely held corporation means a corporation that does not have more than thirty-five shareholders.
Closely held corporation at any time means a corporation, other than a corporation in respect of which

Examples of Closely held corporation in a sentence

  • Closely held corporation" means a corporation that does not have more than thirty-five shareholders.

  • Closely held corporation Enter X in this field if the corporation is a closely held corporation.

  • Material participation for closely held and personal servicecorporations Closely held corporation not a personal service corporation (temp.

  • F o r p ur poses of t h i s p a r a g r a p h ( c)—( i) Closely held corporation.

  • F o r p ur poses of t h is p ara g ra p h ( c)—( i) Closely held corporation.


More Definitions of Closely held corporation

Closely held corporation means a corporation where a majority (more than 50 percent) of the outstanding voting stock is owned by ten or fewer persons. Any person authorized and empowered to execute contracts and bind the corporation to its terms and obligations may sign the contract. A Personal Data Sheet is required for each owner/shareholder, except that any individual owning less than 10 percent may be listed on a separate sheet of paper and is required only to provide name, Social Security number and percent of ownership.
Closely held corporation means a corporation which does not have more than 35 shareholders.
Closely held corporation means corporation at least fifty percent (50%) in value of the outstanding capital stock or at least fifty percent (50%) of the total combined voting power of all classes of stock entitled to vote is owned directly or indirectly by or for not more than twenty (20) individuals.
Closely held corporation means a corporation that does not have more than thirty-five sha reholders.
Closely held corporation means a corporation that has:
Closely held corporation means any corporation or trust, the beneficial interests of which are held by less than thirty (30) holders.
Closely held corporation means corporation at least 50% in value of the outstanding capital stock or at least 50% of the total combined voting power of all classes of stock entitled to vote is owned directly or indirectly by or for not more than 20 individuals. [Sec. 2 (q), RR 6-2008].