Voting Shareholders definition
Examples of Voting Shareholders in a sentence
No such agreement exists between Crescent Equities and the Voting Shareholders.
Although the Code contains several constructive ownership provisions, such as sections 267(c), 318(a), 544(a), 554(a) and 1563(e), section 318(a) is the only one that could possibly operate to attribute ownership of the voting stock of the Residential Development Corporations from the Voting Shareholders to Crescent Equities.
The IRS could argue that the ownership of some or all of the voting stock actually held by the Voting Shareholders should be attributed to Crescent Equities under two possible theories: (1) a "nominee" or "de facto ownership" theory or (2) a constructive ownership theory.
Third, unlike the situation in Bollinger, where the corporation was clearly held out to all third parties as a mere agent of the partnerships, here the Voting Shareholders have been and will be held out to third parties as the true owners of the voting stock in all respects.
Crescent Equities has no control over the ability of the Voting Shareholders to alienate the voting stock and vote such stock as they choose.