Bank Buy-Sell Agreements: What is Your Plan?

Financial Institutions

March 01, 2012
by Kevin Janke, CPA, ABV, ASA

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Kevin Janke Kevin Janke, CPA, ABV, ASA

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Poorly crafted, ill-conceived, outdated buy-sell agreements—or worse, no agreement at all or just “what we’ve always done”— offer endless examples of board members who’ve set themselves up.

Many banks and boards endlessly twist in the wind of litigation, as if a tornado has taken its toll, after a “triggering” event activates a poorly crafted, ill-conceived, or outdated buy-sell agreement. 

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Length: 2 pages (PDF 86 kB)

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