If it has been previously <u>suspended and reinstated</u>, your license will be suspended for accumulating <u>8 points</u> within three years.
<h3>What is a license suspension?</h3>
A license suspension involves the taking away of a license or privilege for some period.
Some license suspensions may be <u>definite</u> while others are <u>indefinite</u>.
Thus, while the first-time suspension is based on the accumulation of 12 points within three years, a subsequent suspension is based on 8 points.
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Trey owns 250 shares of common stock in a toy-store company. This means that he owns a percentage of the company based on the proportion of shares he owns out of the total shares issued by the company. With this ownership he also acquires rights to: vote. George owns 300 shares of preferred stock in a company.
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