If we decide to disband the club, one possible option would be to cash out each member in stock.  I think (not one hundred percent sure) that way we would not incur tax consequences until we sold the stock.  We have done this when members withdrew.

Lanny

At 02:14 PM 6/1/04, you wrote:

I would hate to see the club disband, but I will go along with the
majority.

One thing tho, what will the tax consequences be to the members if
everything must be sold to distribute the funds. Can everyone please
consider the answer to this in their decision.

Thanks,

Donna



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