C corporation stock certificates

Discussion in 'General Accountancy Discussion' started by SharifJ, Nov 29, 2018.

  1. SharifJ

    SharifJ

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    Do you know if ownership in a privately owned C Corp has to be certificated?
     
    SharifJ, Nov 29, 2018
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  2. SharifJ

    bklynboy VIP Member

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    I assume you are asking whether an actual paper certificate is required and since I don't know what country I will assume it's using US law. Probably no as to an actual paper certificate but check your individual state laws as they can differ ( I have a C corp in Delaware myself and no paper certificates). Today even public companies no longer issue them as its all electronic. See this link:

    https://www.capshare.com/blog/why-private-companies-dont-need-to-issue-stock-certificates/
     
    bklynboy, Nov 30, 2018
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