Blue Ridge ESOP Associates Industry News

Don't Forget the Share Certificates

Posted by Scott J. Freund, QPA

Jul 20, 2016 11:54:27 AM

Most privately held companies rely on physical share certificates which serve as the official record of ownership. This practice requires ESOP Companies to maintain share certificates in the name of the ESOP for the shares owned by the ESOP.  Those share certificates are generally held by the trustee of the ESOP.

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Topics: Certificates