Mar 20, 2009 #1 A AllyB Member Joined Mar 3, 2008 Messages 48 Reaction score 0 Points 6 w/out the other 25% consent? Does a shareholder in an S Corpration with 75 percent of the shares who is also the president of the S Corporation need consent of the other 25 percent to declare bankruptcy in the state of IL?
w/out the other 25% consent? Does a shareholder in an S Corpration with 75 percent of the shares who is also the president of the S Corporation need consent of the other 25 percent to declare bankruptcy in the state of IL?