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Richard, Attorney
Category: Business Law
Satisfied Customers: 53695
Experience:  32 years of experience practicing law and a businessman.
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Would the attached forms suffice as proving ownership of a

Customer Question

Would the attached forms suffice as proving ownership of a corporation?
* Articles of Incorporation
* Corporate Action by Consent of the Shareholders
* Stock Certificate
Submitted: 7 months ago.
Category: Business Law
Expert:  Richard replied 7 months ago.

Hi there. I would do two things...1) In the Corporate Action I would specifically state that the corporation is issuing the 10,000 shares to the indicated parties; and 2) I'm not sure why these are being held as tenants in common; that's unusual for shares of stock; typically what you would see is the issuance of 5,000 shares to each of them individually. :)

Customer: replied 7 months ago.
Ok. Do I need to specify anything in the transfer section?
Expert:  Richard replied 7 months ago.

Not at this time. That's only relevant if you later transfer the shares to someone else. :)

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