Section 10A-1-3.41 Certificated or uncertificated ownership interest. (a) Ownership interests in a domestic entity may be certificated or uncertificated. (b) The ownership interests in a business corporation, real estate investment trust, or professional corporation must be certificated unless the governing documents of the entity or a resolution adopted by the governing authority of the entity […]
Section 10A-1-3.42 Form and validity of certificates; enforcement of entity’s rights; abbreviations. (a) A certificated ownership interest in a domestic entity may contain an impression of the seal of the entity, if any. A facsimile of the entity’s seal may be printed or lithographed on the certificate. (b) If a domestic entity is authorized to […]
Section 10A-1-3.43 Signature requirement. (a) The managerial official or officials of a domestic entity authorized by the governing documents of the entity to sign certificated ownership interests of the entity must sign any certificate representing an ownership interest in the entity. (b) A certificated ownership interest that contains the manual or facsimile signature of a […]
Section 10A-1-3.44 Delivery requirement. A domestic entity shall deliver to the owner thereof a certificate representing a certificated ownership interest to which the owner is entitled. (Act 2009-513, p. 967, §22.)
Section 10A-1-3.45 Notice for uncertificated ownership interest. (a) Except as otherwise provided in subsection (c) and in accordance with Article 8 of Title 7, after issuing or transferring an uncertificated ownership interest, a domestic entity shall notify the owner of the ownership interest in writing of any information required under this division to be stated […]
