§ 305(e)(5)(A)

stripped preferred stock

UNDECIDED

0 of 2 settled

  1. 1

    § 305(e)(5)(A)

    ALL OF
    “any stock described in subparagraph (B)” needs Step 2 Stock is described UNDECIDED
    “there has been a separation in ownership between such stock and any dividend on such stock which has not become payable”
  2. 2

    § 305(e)(5)(B)

    Stock is described

    ALL OF

    Stock is described in this subsection if such stock—

    “is limited and preferred as to dividends and does not participate in corporate growth to any significant extent, and” § 305(e)(5)(B)(i)
    “has a fixed redemption price.” § 305(e)(5)(B)(ii)