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