kaal:claim:3017612-008

A shareholder agreement authorized under MBCA Section 7.32 ceases to be effective once the corporation's stock is listed on a national securities exchange or regularly traded in a dealer maintained market, so the going public event terminates the arrangement.

agreement ceases to be effective when the stock of the corporation is listed on a national securities exchange or regularly traded in a market maintained by one or more members of a national or affiliated securities association.

Wulf A. Kaal, Shareholder Agreements - National Report of the United States of America (2017), II. Regulation of Shareholders' Agreements, p. 5
https://ssrn.com/abstract=3017612 · source PDF

Wulf A. Kaal, Shareholder Agreements - National Report of the United States of America (2017). SSRN: https://ssrn.com/abstract=3017612

• MBCA jurisdictions
• corporation becomes publicly traded

conditionsupport: evidencedfailure: ipo-termination-of-shareholder-agreementfamily: transition-and-migration-riskinstitutional-design

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Attestation record: colloquium/attestations/1a1ac4ba1564894a...json
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