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Although any director can produce a share certificate, using templates, frequently smaller details of what makes a share certificate legal are neglected. We, as Swiftreg provide quick and easy methods for you to print your share certificates, and to have the legal papers that go with them.
The company secretary is responsible for issuing stock certificates, but the certificate has to be signed by two directors. In some cases, one director signs along with the company secretary. Companies having only one director will have to invite a witness to attest the signature.
A share certificate is a written document signed on behalf of a corporation that serves as legal proof of ownership of the number of shares indicated. A share certificate is also referred to as a stock certificate.
The secretary needs to sign the share certificate. The secretary must ensure that the company's stamp and revenue stamp are affixed to each stock certificate. Once the certificates are ready, a board meeting is called to approve the decision on the issuance of share certificates.
Companies do not have to issue these certificates automatically but are legally required to issue a certificate when requested. While stock certificates are mostly symbolic, they can be valuable to investors that want physical proof that they own stock.
As you complete your stock certificate, you will need to provide certain information related to your stock certificate, such as the company's state of incorporation, the number of shares being issued, the type of stock being issued, the par value of the stock, the name of recipients, the titles of any documents ...
Whenever you order a certificate or print your own, there will generally be a fee that goes with it. Make sure you're aware of the fee before requesting the stock certificate. Also, keep the differences in cost in mind as you weigh the different outlets for getting a stock certificate.
The easiest way to get a stock certificate is via a broker, but be prepared to pay for it. The simplest way to get a stock certificate today is to ask your broker. If you bought your shares through a brokerage firm, it will have an account with your name and the number of shares you purchased.