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  • Nominee Shareholder Declaration Of Trust

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Document available at MegaDox.com NOMINEE SHAREHOLDER DECLARATION OF TRUST The undersigned print name , of print address , hereby acknowledge and declare that I hold fully paid ordinary shares in.

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Related links form

REQUEST TO INSPECT PUBLIC RECORDS - Rockdale County Georgia - Rockdalecounty MANIFIESTO PARA UNA ACTIVIDAD GENERADORA INSTRUCCIONES G E - Www2 Pr Corrected Claim Form - Blue Cross Blue Shield Of Arizona College Of The Desert Livescan Form

Nominee shareholder agreement template Questions & Answers

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It's perfectly legal for company shares to be held by one or more trustees on trust for the beneficiaries of a trust or for a nominee to hold share on behalf of actual shareholders.

The nominee shareholders were/ are usually offered for a fee by the law and accounting firms setting up land companies. This is illegal and these legal consultants could be held accountable.

The nominee holds the shares on behalf of the shareholder in a 'bare trust'. The relationship is defined by a declaration of trust signed by both parties. Share certificates are issued in the nominee's name, since only they are registered as a member.

In short, a nominee shareholder is just the shareholder of a company in name as the nominee shareholder does not really own shares or anything. On behalf of the actual shareholder, a nominee shareholder only acts as a legal, unrelated, third party who is officially registered as the holder of shares.

A disadvantage of nominee shareholders is that it involves time and cost to register and maintain details. For the company and the government, it is often difficult to identify the beneficial owner of the shares to be held personally liable for benefits attached to the shares.

On behalf of the actual shareholder, a nominee shareholder only acts as a legal, unrelated, third party who is officially registered as the holder of shares. This shields the actual share owner from being associated with a particular company publicly.

Any person or body corporate can hold legal title to shares under nomination. Even a minor can be a nominee to shares in a company. If the nominee is minor, then shareholders shall appoint any other person to become entitled to shares in case of the death of shareholders during the minority of the nominee.

A nominee shareholder acts as a legal, unrelated, third party, who is officially registered as the holder of shares on behalf of the actual shareholder.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232