Transfer Existing Number between accounts, with out the penalty of a New 1 or 2 year agrement..

I currently have 4 Cell Phones on my Personal Verizon Account and have been with Verizon for longer than I can remember.  None of my lines are under any type of Time restrictive agreement (i.e. One or Two Year).  The company I work for uses Verizon as well and said they will pay for on of my lines, if I transfer it to their Business Account.  I was told by a Verizon Representative that because all of my contracts/agreements are more than 13 months old that when the day comes to transfer my phone number back to my Personal Verizon Account I "Will Not" be forced into a new 1 or 2 year agreement. (i.e. Existing Personal VZ Number, with no pending agreements, transferred to a Business Account and when transferred back I will not be forced into a New early termination agreement...)  Is this correct?

This is a personal observation. I would not transfer the line (number) to your company. First reason once transferred to them the line now becomes the companies property.
Usually a company will issue a line of service and device if they require you to have one for work use.
Secondly, the company will have total access to your calling, texting and internet history. Not good.
Third, transferring the number back to you at a later date may not be possible. You would be doing an assumption of liability on the line even though you previously owned the line. Credit check and possibly a security deposit. And your plan or service may be impacted in ways I am not thinking of.
When I was in charge of adding users to our account we opened the line and number and had total control of the billing and use of the line.
A few employees would use their own cells and submitted the copy of their invoices with work calls highlighted. This was also a nightmare especially not really knowing if the calls were business or personal. We forbade the practice.
Good Luck

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