Bakersfield California Legend on Stock Certificate with Reference to Separate Document Restricting Transfer of Shares
Category:
State:
Multi-State
City:
Bakersfield
Control #:
US-1058BG
Format:
Word;
Rich Text
Instant download
Description
A Legend is a statement on a stock certificate noting restrictions on the transfer of the stock, often due to SEC requirements for unregistered securities. The Securities Act of 1933 regulates the initial sale of securities to the public. Some securities are exempt from coverage of the Act. Certain stock issue transactions are also exempt (i.e., exempt from registration with the Securities and Exchange Commission). This Legend restricts the transfer of stock in accordance with the Articles of Incorporation or the Corporation's Bylaws or a Shareholder's Buy Sell Agreement.
