The record of the issuance and transfer of shares for the life of the corporation is maintained in the:
A) shareholders' master file.
B) schedule of shareholders.
C) share register.
D) corporate directory.

Question

Quizplus · Accepted Answer

The share register is the official record of the issuance and transfer of shares for the life of the corporation. It contains the names and addresses of all shareholders, the number and class of shares owned, and the dates of issuance and transfer. The shareholders' master file, schedule of shareholders, and corporate directory may contain similar information, but they are not the official record and may not be as comprehensive or up-to-date as the share register.

The Record of the Issuance and Transfer of Shares for the Life