Stock Ledger/Stock Certificates

Description

Stock Ledger/Stock Certificates $75 each

A Stock certificate, if issued, is a legal document certifying the ownership of shares in the corporation. Stock Certificates are available; however, Stock Certificates are not a requirement. Many privately held corporations no longer issue them secondary to required replacement laws and cost if lost, stolen or damaged. Most rely on the ledger which is the official recording of ownership.

For Stock Companies a Stock Ledger is mandatory by State Law. The stock ledger allows you to keep an accurate record of stock issuance and transfers for your corporation, and is an essential element of a corporate records book. The initial and any additional stock that is issued should be recorded in the stock ledger. The stock ledger should include:

• Stock certificate number if applicable
• Shareholder name
• Shareholder address
• Amount of shares issued or transferred
• Date of purchase/transfer
• Consideration (dollar value)