Economy, asked by chennavani6305, 10 months ago

The purpose of legal restriction on payment of dividend to shareholder is to ensure that the paymentvof dividend may not put the company into solvency?

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Answered by Anonymous
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If our shares trade at a discount to our net asset value, it may increase the risk of ... and the underwriters have not, authorized any other person to provide you with ..... restrictions that limit our ability to pay dividends under certain circumstances, ..... distributions to our stockholders out of assets legally available for distribution.

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