The document outlines resolutions related to a merger involving FTC and SF, with Jeffrey Epstein surrendering 10,000 shares of FTC's Common Stock in exchange for 10,000 shares of the Corporation's Common Stock. The merger is intended to qualify as a tax-free reorganization under section 368(a)(1)(A) of the Internal Revenue Code. The President of the Corporation is authorized to execute and deliver the Merger Agreement and file necessary documents with the Office of the Lieutenant Governor of the United States Virgin Islands.
documents/vol00010-efta01355892-pdf.pdf
{"key_people":["Jeffrey Epstein"],"document_type":"legal","key_locations":["United States Virgin Islands"],"document_subtype":"Merger Agreement Resolution","key_organizations":["FTC","SF","Corporation"],"reference_numbers":["368(a)(1)(A)"]}