Legal Due Diligence · glossary
The record of how the shares reached the seller: every transfer, new issue and buy-back since the first shareholders. Each link needs its papers, such as a signed stock transfer form and a board minute. A missing link means the seller may not own what it is selling. Report §3.1 · Chapter 6
Explained in Chapter 6, Corporate and Title, of Legal Due Diligence.
The register shows where the shares sit today. The chain of title shows how they got there. It runs from the first shareholders, through every transfer, new issue and buy-back, down to the seller in front of you.Read Chapter 6, Corporate and Title →
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