That&#x27;s not really true either. If the operating agreement permits reselling then you can resell. A C corp&#x27;s operating agreement can also restrict selling to the point that it becomes impossible - if that&#x27;s what&#x27;s wanted. It&#x27;s common for investors to want such restrictions because they don&#x27;t want to find that the other investors in the business have changed without their agreement, or that one of the founders has sold a share to an investor that they don&#x27;t approve of.