Sep

3

Share Certificate Template (Part 1)

Post image for Share Certificate Template (Part 1)

Share Certificate Template

Please note that the information provided herein is not legal advice and is provided for informational and educational purposes only. If you need legal advice, you should seek professional assistance.

Looking for a Share Certificate?

Remember: all of our legal forms are lawyer-prepared, customizable (they come in .doc, .wpd, and .rtf formats), and affordable (prices range from $17 to $97, depending on the legal form packages). The legal forms are regularly updated. Best of all, they come with guidance in the form of a video tutorial (watch an example of how to customize the legal form) and two written guides (one that addresses the legal issues you should be aware of and a second which is entitled “Is My Legal Form Valid and Enforceable?”).

All of our legal form packages are backed by our 30 day 100% money back guarantee! If for whatever reason you’re not completely satisfied with our legal form, we’ll refund your money no questions asked.

Share Certificate Template

In the next series of blogs, I’m going to be discussing share certificates. In this blog, I’ll talk about what they are, what is a corporation, and what laws govern share certificates.

What are Share Certificates?

A “Share Certificate” is a document that identifies ownership in a “Corporation”. There is no set form for a share certificate, although it must include certain information (discussed in greater detail below). It often looks like a certificate with a fancy border and a place to insert the corporation’s seal (through an embosser).

What is a Corporation?

A “Corporation” is a legal person created by statute. It can own assets, open up bank accounts, enter into contracts, sue and be sued, etc. As aforementioned, it is a creature of statute: it is created, maintained, and can be dissolved in accordance with the provisions of the laws that govern it. Unlike other forms of business structures, a corporation exists SEPARATE and APART from its owners (called shareholders) and managers (called directors, officers, employees, agents, etc.).

What laws govern Share Certificates?

Throughout Canada, the laws that create Corporations also govern the content of Share Certificates:

These statues pretty must all say the same thing about what content must be included in a Share Certificate (discussed below).

In the next blog, I’ll talk about when Share Certificates get created…

written by admin \\ tags: , , , , , , , ,

Comments on this entry are closed.