What percentage of shareholders in a corporation must consent to a Subchapter S election, for the election to be valid?

What percentage of shareholders in a corporation must consent to a Subchapter S election, for the election to be valid?

What percentage of shareholders in a corporation must consent to a Subchapter S election, for the election to be valid? 





A) There is no requirement
B) At least 25%
C) 51% or more
D) 100%









Answer: D