Passaggio generazionale e contratto di società

From the perspective of planning generational succession in family- owned businesses, the paper examines those provisions of company by-laws which: (a) prohibit the transfer of shares or quotas to heirs; (b) make the acquisition of an equity interest by heirs or by persons outside the family group subject to the approval of the corporate bodies; (c) grant the surviving shareholders a call option with respect to the purchase of shares or quotas devolved upon the heirs; (d) grant the surviving shareholders a pre-emption right in the event of an inter vivos transfer of the equity interest.