I found an older post (Aug 2000) addressing the question of whether an ESOP may restrict stock ownership to only current employees and transfer stock ownership of terminated participants to the accounts of current employees accounts?

The thread contained very definite and differing opinions on the matter. I am told that this is still common practice. Does anyone know whether any additional authority on the matter has been issued since 2000?

Please include a link to the thread so we do not have to search for it.

That said, I believe there are still differing opinions on this matter.

I'm sorry, I don't know how to do that. If you could give me a quick step by step I'll give it a shot.

If you go to the thread you can copy the web address form the http click on the insert Link Icon - (Globe with Chain Link) Paste the web address in the first field then name in the second field (e.g. "Link Here").


Perhaps the thread you are referring to is this one:

Link Here

Perhaps the thread you are referring to is this one:

Link Here
[/quote]


Yes, that's the one.