Restricted stock certificates customarily bear a legend identifying them as restricted. The main purpose of a restrictive legend is to prevent shareholders from transferring ownership in violation of securities laws or contractual agreements. Nonetheless, counsel will sometimes encounter stock certificates still bearing the legend formerly required by Section 25102(h). There is no need to either request permission from the Commissioner to transfer the securities or to remove the legend because SB 261 removed the legend by operation of law. Most certificates representing restricted stock have a notice, or legend, stamped on them indicating the stock is restricted. Not all certificates have this stamp, so it is a good idea to check with the issuer before you attempt to sell the stock. If you have such stock, there is a process to go through before you can sell the shares. Typically issued to investors, corporate executives, and directors (compensation packages), to employees (stock benefit plans), or as part of a merger and acquisitions transaction. May have a legend on the certificate indicating that the stock is restricted and can only be sold if registered or subject to a legal opinion.
Перевод слова legend, американское и британское произношение, транскрипция, a legend on the stock certificate — надпись на сертификате акции
(a) A corporation may issue one or more classes or series of shares or both, its articles is void if the certificate contains the legend required by subdivision (c). (1) Shares may but need not be represented by certificates. Unless this chapter (2) At a minimum, each share certificate must state on its face: (a) The name of If your shares are held in certificate or DRS form, you must communicate with a If they are and provided the certificates are not affixed with any legends 24 Jul 2017 are not “noted conspicuously on the certificate or certificates representing the If the stockholder does not have actual knowledge of the stock transfer to place appropriate legends on their restricted securities prior to sale.
A “legend” on a stock certificate is a statement noting restrictions on the transfer of the stock, often due to SEC and state requirements for unregistered securities. The new suggested legend language in Washington state is as follows:
29 Jan 2020 Prerequisites Set your company's stock issuance method Create stock legend Create stock class If you issue stock certificates: assign company
Stock Certificate Legends. The share certificate evidencing the Shares issued hereunder shall be endorsed with the following legends:
The stock symbol for HyperSolar is HYSR Request stock certificate(s) When selling shares from physical certificates bearing a “restrictive” legend or The transfer agent whose name is on my stock certificate has changed, what can I The certificates of control securities are usually not stamped with a legend. 24 Aug 2015 In general, NI 45-102 imposes an indefinite hold period on stock issued by The standard restrictive legend on share certificates of Canadian 10 Oct 2011 The footer consists of a stock legend that states that the shares are not registered and therefore may not be transferred by law except pursuant to Ten Certificate mining package representing gold mines from Nevada, Montana, Idaho, Mines Company is hand signed by the Nevada legend George Wingfield. Scripophily.com - Historic Stock Certificates and Research Since 1880. 3 Sep 2013 The share certificate itself usually bears a prominent legend that warns of this requirement. Restricted shares raise special concerns for 22 Aug 2016 So, instead of issuing a certificate, paper or electronic, the company simply needs to keep an accurate ledger of the shares that are issued. When
Imprinted Standard Legend Certificates Imprinting standard legend stock, membership, etc. certificates enables us to provide fast service at low cost. Examples of standard legend certificates: Stock certificates for business corporations, non-profits and not-for-profits
Перевод слова legend, американское и британское произношение, транскрипция, a legend on the stock certificate — надпись на сертификате акции 1701.25 Statements on certificate for shares. (A) Each certificate for shares of a corporation shall state: (1) That the corporation is organized under the laws of
Book-entry and printed stock certificates When a stock certificate is presented for transfer, mailings must contain a prominent legend with exact language. Lost certificates. h. Legend to appear on stock certificates (or membership certificate), providing that: (1) Rights of