58598

Summers Corperation

Company Shareholders

This type of company doesn't allow for any shareholders. Only privately owned companies have shareholders.

Dormant Shares

When an active shareholder leaves the company without getting rid of their shares, those shares becomes dormant. A dormant shareholder cannot do anything with the company and doesn't have any say in its day to day business as long as there are any other active shareholders.

Once a company stands without any active shareholders, a dormant shareholder may take control of the company.

Dormant shareholders

A. Summers