If a Shareholder Owns Stock Received as a Gift from Her

question 31

True/False

If a shareholder owns stock received as a gift from her mother, it cannot be § 1244 stock.

---

Definitions:

Infectious Disease

Diseases caused by pathogenic microorganisms, such as bacteria, viruses, parasites, or fungi, that can be spread, directly or indirectly, from one person to another.

Immunity

The capability of the human body to defend against or remove dangerous foreign substances or unusual cells.

Antihistamines

Medications used to treat allergies.

Over-The-Counter Medications

Medicines that can be bought without a prescription from a healthcare professional.