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It is definately a legal structure as long as it isn't set up while major debt starts to occur or for fraudulent purposes. I know how the holding company structure works but my main concern is having only 2 or 3 shareholder's all holding less than 49% of the shares of the holding company so it is protected against a company going after a shareholder for whatever reason and taking assets of the corporation other than the shares. I already consulted my lawyer on this but its good to have a second and third opinion.
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