1. Company must not have more than 100 stockholders
2. Stockholders must be a US citizen
3. Must issue only one class of stock
4. Must distribute proportionally all profits and losses to each shareholder
Categories:
1. Company must not have more than 100 stockholders
2. Stockholders must be a US citizen
3. Must issue only one class of stock
4. Must distribute proportionally all profits and losses to each shareholder