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Home > Law > Civil > passing a bis on to an outsider. grandfathered rights

passing a bis on to an outsider. grandfathered rights

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fozzy65 | 20:56 Tue 05th Oct 2010 | Civil
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sorry for sp.ok im looking for info on a auto salvage yard in Mass, the owner wants to sell can he sell the biss to an outside person ( not a family member) can this person still use these rights or will the rights be lost? How can this be fixed ? Can a biss tax number be transfered ? If the name of the biss stays the same and no changes are made is this possible.
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Avatar Image ABerrant
I suggest contacting the Massachusetts Department of Revenue...

http://www.mass.gov/?...&L=1&L0=Home&sid=Ador
21:02 Tue 05th Oct 2010
Avatar Image tamborine
This is a UK site & our Business Laws may be different to US.

Buying such a business in UK is ok & all practices would pass to the new agreed owners, providing they register with relevant authorities etc.
21:03 Tue 05th Oct 2010

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