Stock Transfer Restrictions in Closely-Held Corporations and LLCs | Limitations on the Transfer of Ownership Interests

Video by Attorney Kevin O’Flaherty

Article written by Illinois Attorney Kevin O’Flaherty

In this article we explain stock transfer restrictions in closely-held corporations and LLC. We answer the question: “when are stock transfer restrictions beneficial?” We discuss how to structure stock transfer restrictions in your operating agreement or buy-sell agreement. We explain various options for restricting…