• US Legal Forms

Change Ownership Of Shares In Pennsylvania

State:
Multi-State
Control #:
US-0034-CR
Format:
Word; 
Rich Text
Instant download

Description

Form with which a corporation may alter the amount of outstanding shares issued by the corporation.


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  • Preview Change Amount of Authorized Shares - Resolution Form - Corporate Resolutions
  • Preview Change Amount of Authorized Shares - Resolution Form - Corporate Resolutions

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FAQ

Contact your broker to get the appropriate forms to complete. The process will be simpler if the new owner also has or will have an account with the same broker, because no change in the actual registration of the shares will be necessary. The broker will simply make the transfer on its own internal books.

How to Transfer Ownership of a Corporation Consult your Articles of Incorporation and corporate bylaws. Contact the board of directors or shareholders. Find a buyer. Transfer ownership of stock. Inform the Secretary of State.

Once you have decided to transfer the shares, you will have to fill out a Stock Transfer Form in order to legally transfer the shares. At this point in time, there is no need to inform Companies House, this will be done during your next Confirmation Statement.

Shares or debentures are movable property. They are transferable in the manner provided by the articles of the company, especially, the shares of any member of a public company. The transfer of securities is possible through any contract or arrangement between two or more persons.

You can transfer shares between shareholders online. You must have registered for online access and use your account details to log in.

Contact your broker to get the appropriate forms to complete. The process will be simpler if the new owner also has or will have an account with the same broker, because no change in the actual registration of the shares will be necessary. The broker will simply make the transfer on its own internal books.

Here are some ways ownership can be transferred within an S-corp: Issuing new stock shares. You can issues new shares of company stock by by creating a bill of sale—BUT make sure you're following the protocols set-out in your Articles of Incorporation. Selling existing stock shares. Through a shareholder's estate.

How to Transfer Ownership of a Corporation Consult your Articles of Incorporation and corporate bylaws. Contact the board of directors or shareholders. Find a buyer. Transfer ownership of stock. Inform the Secretary of State.

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Change Ownership Of Shares In Pennsylvania