Legal Question in Business Law in Texas
Stock Issuance
Once issued, can the name of the owner be changed,on a Texas corp. stock certificate by anyone other than
the Board of Directors?
Asked on 8/16/07, 12:33 am
1 Answer from Attorneys
Johm Smith
tom's
Re: Stock Issuance
To answer we would need to read your shareholders agreement to find out how it regulates transfers of ownership of stock in the corp. A formal record must be maintained by the corp for stock ownership, but when ownership actually transfers can be more complicated.
Answered on 8/16/07, 10:20 am
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