Replies to post #446674 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

Reincorporated"? Implies current "corporation" disappears, and new shareholders form the new corporation. I HOPE i'm wrong!!

It can be exactly that

But IMO the word reincorporated does NOT imply that

many companies - with no change to shareholders - move their incorporation from one state to another and thus incorporate

but it is vague