By law, shareholders in a corporation must be given stock certificates as a sign of formal ownership.

Name: By law, shareholders in a corporation must be given stock certificates as a sign of formal ownership.
Brand: Quizplus
Rating: 4.8 (54 reviews)

Question

Quizplus · Accepted Answer

While stock certificates used to be issued to shareholders as proof of ownership, many corporations now issue electronic certificates or rely on records through a transfer agent or broker. There is no legal requirement for physical stock certificates to be issued.

By Law, Shareholders in a Corporation Must Be Given Stock