Close Corporation Plan
A close corporation plan is an older label for a death-triggered buy-sell arrangement that transfers a deceased owner's shares through redemption or cross-purchase.
Private, Public, and Closely Held Corporations covers Close Corporation Plan, Closely Held Corporation, Private Corporation, Public Corporation, and related corporate-finance topics for ownership, control, liability, and entity-structure analysis.
Private, Public, and Closely Held Corporations explains business ownership forms, entity relationships, control rights, liability boundaries, partnership roles, and shared-venture structures used in corporate finance.
Use these pages when ownership form or group structure changes who controls assets, contributes capital, bears obligations, receives distributions, or approves transactions. It sits inside Corporations and Share Company Forms, so readers can move up when the broader company-finance context matters.
Use the table below to choose the narrower corporate-finance branch before applying a term to a model, board memo, financing analysis, transaction review, or risk assessment. Move into the term page when the evidence source, calculation, agreement, filing, account, or governance right matters.
| Area | Use it for |
|---|---|
| Close Corporation Plan | A Close Corporation Plan details a prearrangement for surviving stockholders to purchase shares of a deceased stockholder, using a predetermined formula to value the corporation. |
| Closely Held Corporation | A closely held corporation has a small number of shareholders, limited share transferability, and ownership concentrated among founders, family, or insiders. |
| Private Corporation | A private corporation is owned by a limited group of shareholders and does not offer its shares to the general public on an exchange. |
| Public Corporation | A public corporation may refer to a government-owned entity or a corporation whose shares are publicly traded, depending on context. |
| Unquoted Public Company | An unquoted public company can have public-company status without its shares being listed or actively traded on a stock exchange. |
Ownership-structure content is educational and does not provide legal, tax, accounting, or entity-formation advice.
Choose a subsection first. Deeper term pages live inside each subsection, which keeps large topic hubs readable.
A close corporation plan is an older label for a death-triggered buy-sell arrangement that transfers a deceased owner's shares through redemption or cross-purchase.
A closely held corporation has ownership concentrated among a small group, often with restricted share transfers and active owner participation.
A private corporation has no exchange-listed public equity and raises ownership capital through private transactions subject to corporate and securities rules.
Public corporation can mean an investor-owned public company or a government-created corporation; the intended meaning depends on jurisdiction and context.
An unquoted public company has public-company or reporting status but no shares quoted on a stock exchange, creating distinct disclosure and liquidity issues.