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Selling Chametz: Difference between revisions
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==Stocks of companies which own Chametz== | ==Stocks of companies which own Chametz== | ||
#Some authorities hold that there's is no prohibition of owning Chametz to a shareholder of a company which owns Chametz on [[Pesach]] who has no say in the actions of the company, while others hold that one should sell the shares together with one's other [[Mechirat Chametz]] through the Rabbi. <ref>Piskei Teshuvot 440:1 and http://www.vbm-torah.org/pesach/stocks.htm quote the dispute. Rabbi Yisrael Belsky based on Rav Moshe and many others at the [http://www.ou.org/torah/article/oukosher_pre-pesach_webcast_5770 OU Pre-Pesach Webcast (5770 min 29-32)] permits someone who owns shares but doesn't have any say in the company, however if someone has 30% (or so) of the company it's considered as if one is a partner and it'd be forbidden. This is implied by Igrot Moshe EH 1:7. Rav Dovid Feinstein (cited by Journal of Halacha and Contemporary Society v. 24 p. 85) agreed that it is permitted to own stocks of a chametz company if one doesn't have any involvement in the voting or management of the company. Haelef Lecha Shlomo OC 238 agrees. Minchat Yitzchak 3:1 and Moadim Uzmanim 3:269 say that one should sell these stocks along with the rest of the chametz and not trade them during [[chol hamoed]]. </ref> | #Some authorities hold that there's is no prohibition of owning Chametz to a shareholder of a company which owns Chametz on [[Pesach]] who has no say in the actions of the company, while others hold that one should sell the shares together with one's other [[Mechirat Chametz]] through the Rabbi. <ref>Piskei Teshuvot 440:1 and http://www.vbm-torah.org/pesach/stocks.htm quote the dispute. Rabbi Yisrael Belsky based on Rav Moshe and many others at the [http://www.ou.org/torah/article/oukosher_pre-pesach_webcast_5770 OU Pre-Pesach Webcast (5770 min 29-32)] permits someone who owns shares but doesn't have any say in the company, however if someone has 30% (or so) of the company it's considered as if one is a partner and it'd be forbidden. This is implied by Igrot Moshe EH 1:7. Rav Dovid Feinstein (cited by Journal of Halacha and Contemporary Society v. 24 p. 85) agreed that it is permitted to own stocks of a chametz company if one doesn't have any involvement in the voting or management of the company. Haelef Lecha Shlomo OC 238 agrees. Minchat Yitzchak 3:1 and Moadim Uzmanim 3:269 say that one should sell these stocks along with the rest of the chametz and not trade them during [[chol hamoed]]. Yalkut Yosef (Pesach v. 1 p. 599 5780, Shabbat 1-1 p. 129 5771) writes that it is permitted to own stock of a company that owns chametz on pesach if has no voting rights or say in how the company runs since it like he lent them money and isn't an owner. </ref> | ||
==Storing the Chametz== | ==Storing the Chametz== | ||
