An Affidavit of Domicile is a notarized form stating the legal residence of a deceased person. It is executed by an individual familiar with the facts, such as an executor, survivor, or attorney. This document is often required when a shareholder dies while residing in a state different from the address on the account.
Bed and Breakfasting refers to a tax strategy where a shareholder sells a holding and buys it back the next day to realize a loss for tax purposes. However, legislative changes have rendered this practice obsolete for shares due to stricter time requirements.
An interest in a company that gives a person or another company control of it, usually through ownership of more than half the voting shares. Controlling interest can also be achieved with fewer shares if they are widely dispersed.
A shareholder of a company whose name is entered in the register of members. Founder members are those who sign the memorandum of association; anyone subsequently coming into possession of the company's shares becomes a member.
Any person who has an interest in the capital or income of a company, such as a shareholder, loan creditor, or any individual entitled to the distributions of the company.
A share certificate is a document that provides evidence of ownership of shares in a company. It details the number and class of shares owned by the shareholder, the serial number of the shares, and usually includes signatures from at least one director and the company secretary.
A shareholder, also known as a stockholder, is an individual or entity that legally owns one or more shares of stock in a public or private corporation. Shareholders are entitled to certain rights, such as voting on corporate matters and receiving dividends, if distributed.
A stockholder, also referred to as a shareholder, is an individual or organization that holds at least one share of a company's stock, granting them fractional ownership in the corporation.
A common or preferred stockholder whose name is registered on the books of a corporation as owning shares as of a particular date. Dividends and other distributions are made only to shareholders of record.
