Legal Question in Business Law in California

Can someone under 18 be given shares of a company with or withoutt parents permission?


Asked on 11/23/12, 8:21 pm

1 Answer from Attorneys

It has to be done under the Uniform Gifts to Minors Act. If it complies with that it is legal.

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Answered on 11/23/12, 9:54 pm


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