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Forgive me if this sounds foolish, I don't know how this stuff works. Could it be possible to somehow write something like this as a requirement into the corporate charter or articles of incorporation such that if these terms were violated the company would have to be dissolved (or some other equivalent nuclear option)? Has there ever been anything like this e.g. 'if company ever stop selling x, it has to close down'?


Not foolish at all.

That's the sort of bespoke governance that Eric Ries' Long Term Stock Exchange is meant to enable and support.

https://wikipedia.org/wiki/Long-Term_Stock_Exchange


This is excellent. Thank you!




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