Legal Question in Business Law in Texas

dates on stock certificates

What date is shown on a stock certificate for a TX LLC - - is it the date of the organizational meeting or the date the stock is distributed?


Asked on 2/27/07, 3:42 pm

2 Answers from Attorneys

Johm Smith tom's

Re: dates on stock certificates

LLCs do not have stock.

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Answered on 2/27/07, 4:32 pm
Peter Bradie Bradie, Bradie & Bradie

Re: dates on stock certificates

Share certificates are usually dated when issued. Authorization of shares (equity interest)is usually memorialized in the Operating Agreement

LLC's don't have an organizational meeting nor do they have stock. Those terms are reserved for corporations.

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Answered on 2/27/07, 5:24 pm


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