Pub. L. 104-188, tit. I, subtit. C, sec. 1301

S CORPORATIONS PERMITTED TO HAVE 75 SHAREHOLDERS.

EnactedYear: 1996Length: 28 wordsOfficial source
SEC. 1301. S CORPORATIONS PERMITTED TO HAVE 75 SHAREHOLDERS. Subparagraph (A) of section 1361(b)(1) (defining small business corporation) is amended by striking “35 shareholders” and inserting “75 shareholders”.
Pub. L. 104-188, tit. I, subtit. C, sec. 1301: S CORPORATIONS PERMITTED TO HAVE 75 SHAREHOLDERS. | Justis AI