You may have subscribed to the new stock share issue of a company and allotted certain number of stocks or you may have bought the stocks of a corporation and they issued you Stock Certificate. But, what are Stock Certificates?
As per Corporate law, a Stock Certificate can be termed as legal document that specifies the ownership of certain numbers of stock shares in a corporation. It is the basic custom of all corporations to represent their shares of ownership through, Stock Certificates, which are also ownership shares of the owners. Stock Certificates are also known as Certificate of Stock or Share Certificate according to corporate law.
The share certificate is also material evidence of the possession of specific numbers of shares in a Corporation. These certificates also show shareholders money or property investments in the company.
It is also essential to remember that all Stock Certificates are serially numbered and printed with the name of share owner, capitalization, state, and signature titles. In lieu of these details, types, classes, limitations and special contents are also recorded on corporate share certificates.
There are various types of Certificate of Stocks. A simple or general Stock Certificate has corporate name and share details printed on them, whereas custom-printed share certificates contains corporate name, share information, per value of the stock value, state of organization, corporation logo and custom artwork. Different corporations use different designs, colors, borders, sizes and styles for their Share Certificates.
It must be noted that Stock Certificates are signed by the president and secretary of the organization. Proper documentations and recording is also essential for these share certificates to show, issue of stock certificate to shareholders and number of the shares each certificate represents. When a shareholder transfers or sells his/her share, then the corporation issues new Stock Certificate to the owner.
Below given Stock Certificate template can be downloaded and used for your corporations Share Certificate:
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This is to certify that _______________________________________ Is the owner of __________ shares of stock of _______________________________________
On this _______ Day of __________ In the Year _____ At: ______________________________ Signed_______________________ Signed_______________________ |