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TREAS/IRS RIN: 1545-AU72 Publication ID: Fall 1997 
Title: Continuity of Interest Requirement in Corporate Reorganizations 
Abstract: These regulations provide that former target corporation shareholders who receive acquiring corporation stock in a tax free reorganization may, in general, sell that stock to third parties without violating the continuity of interest requirement. 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 26 CFR 1   
Legal Authority: 26 USC 7805   
Timetable:
Action Date FR Cite
NPRM  12/23/1996  61 FR 67512   
NPRM Comment Period End  03/24/1997  61 FR 67512   
Hearing  05/07/1997  61 FR 67512   
Final Action  12/00/1997    
Additional Information: REG-252231-96 ^PDrafting attorney: Phoebe Bennett (202) 622-7750. ^PReviewing attorney: Nelson F. Crouch (202) 622-7750. ^PTreasury attorney: Kevin Anderson (202) 622-1981. ^PCC:DOM:CORP ^PRFA: N
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Included in the Regulatory Plan: No 
Agency Contact:
Robert Hawkes
Assistant Branch Chief
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW.,
Washington, DC 20224
Phone:202 622-7530