A shareholder's right to transfer his or her shares to another party can be subject to restrictions set out in the bylaws or a shareholder agreement.

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Bhumanyu Arora · Accepted Answer

Final Answer : True, Explanation :  Shareholder agreements or the bylaws of a corporation can include provisions that restrict the transfer of shares, such as right of first refusal, tag-along rights, or drag-along rights, to ensure control and stability within the company.

A shareholder's right to transfer his or her shares to another party can be subject to restrictions set out in the bylaws or a shareholder agreement.

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