MiLAWYER

Law library · Sierra Leone · Cap. 287

Section 13, Cap. 287

Status not yet checkedCap. 287, Sierra Leone

Every member shall be entitled, without payment, to receive withintwo months after allotment or lodgment of transfer (unless the conditions of issue provided for a longer interval) one certificate under the seal for all the shares registered in his name, specifying the number and denoting numbers of the shares in respect of which it is issued and the amount paid up thereon: No trust recognised. Registered member entitled to share certificate. Renewal of certificates. Balance certificate. Company to have lien on shares and dividends. Lien may be enforced by sale of shares. Application of proceeds of sale. may enter purchaser's name in register. Provided that in the case of joint holders the Company shall not be bound to issue more than one certificate to all the joint holders, and delivery of such certificate to any one of them shall be sufficient delivery to all. Every certificate shall be signed by one Director and countersigned by the Secretary or some other person nominated by the Directors for the purpose.

Read the whole lawDownload PDFAsk Tima what this means

Check the current official version before relying on this text. MiLAWYER shares legal information, not legal advice.