Author: Platinum Black Services LlcPublisher: Independently Published
ISBN: 9781794507111
Category : Business & Economics
Languages : en
Pages : 138
Book Description
Starting a corporation (C-corporation or S-corporation)? Started a corporation and need to issue common stock certificates that look professional and are easy to use? If yes, then this book is for you!What is a corporation?A corporation is a legal entity that is separate and distinct from its owners (aka stockholders or shareholders).What is a stock certificate?A stock certificate represents ownership in a corporation. All states require corporations to properly document the number of shares issued, the par value of each share, the type of stock issued (common vs. preferred), and the name of each shareholder. Generally, stock certificates are issued during the initial meeting of the Board of Directors. A stock transfer ledger is also used to record the initial issuance of common stock and the transfer of shares whenever buy-sell transactions occur during the corporation's existence.This book contains 20 blank common stock certificates (for the use of any corporation formed in the state of New Mexico), a stock transfer ledger to record buy-sell transactions of shares, and bill of sale forms to document the purchase of common stock.
