Georgia  |  Business Law

Legal Question

Asked on: 9/14/13, 4:58 pm

When selling my privately owned company to my employees, do I have to charge interest on the sale?

1 Answer

Answered on: 9/15/13, 5:25 pm by Glenn M. Lyon, Esq.

Interest on what? Do you mean you are financing the sale? If so, interest is not required.

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MacGREGOR LYON, LLC, Business Attorneys 1230 Peachtree Street, NE, Suite 3750 Atlanta, GA 30309

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