Legal Question in Business Law in Delaware
Is stock issue void? Does a stock certificate from a Delaware corporation have to be signed by 2 people? Moreover, Can a secretary of the corp. sign his own certificate and stamp the place of the president signature with a corporate seal, and the certificate be valid? Also, there was no written directors resolution actually approving the issue of stock.
Asked on 12/15/15, 3:04 am
1 Answer from Attorneys
These are fact-specific questions not susceptible to general answers. The Bylaws typically would cover the requirements for validly issuing stock certificates for the corporation and you should review them. If you want to discuss forming an attorney-client relationship to have this matter looked into, please feel free to contact me directly.
Answered on 12/15/15, 6:46 am
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