Legal Question in Business Law in California
Stock Certificates
Is a stock certificate considered public or private property?
Asked on 6/26/02, 10:02 am
2 Answers from Attorneys
Michael Cortson
Law Office of Michael D. Cortson, Esq.
Re: Stock Certificates
It is like having a dollar in your pocket. It is yours.
Answered on 6/26/02, 10:09 am
Bryan Whipple
Bryan R. R. Whipple, Attorney at Law
Re: Stock Certificates
A stock certificate is simply property. Whether it's public or private depends upon who owns it. If owned by a private party, it's private property. This would be true of any kind of property......the ownership determines the public or private nature, whether it's a paper clip or a 100,000 acre forest.
Answered on 6/26/02, 10:33 am
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