Stocks and Stock Transfers
Welcome to LawShelf’s video-course on stocks and stock transfers. In this course, we’ll explain what stocks are, how they are generated and registered, the rights and responsibilities that accompany stock ownership and how stocks are transferred. This is an intermediate-level course and we recommend first taking the LawShelf course on business organizations.
The course opens with a discussion of stock certificates
and how they are issued and registered. We’ll also discuss classes of stock and
the basic landscape of how stocks and securities are regulated under federal
and state law.
In module 2, we’ll look at stockholder rights. These
include the rights to vote, sell shares and receive dividends and/or the
company’s assets upon dissolution. We’ll also look at the stockholder’s rights
to inspect the company books and bring shareholder derivative lawsuits when
Module 3 covers stock issuances and purchases. We’ll
cover the roles of stock brokers and how stocks must be registered. We’ll also
look at various types of stock purchase plans.
Module 4 turns to stock transfers. We’ll examine the
right to transfer shares and common transfer restrictions in operating
agreements and bylaws. We’ll also look at the formalities of transferring
shares, including the transfer on death rules. Finally, we’ll look at gift
transfers of stock and when those can qualify as charitable contributions.
Our final module will look at the tax implications of selling stock. We’ll focus on explaining long- and short-term capital gains and losses and also look at qualified and non-qualified dividends.
When you complete this course, you should be familiar
with what stocks are, how they are issued and how they are transferred and
sold. We also encourage you to take advantage of our other courses on business
organizations and securities, for which this course may be a good building
Best of luck and we welcome your feedback.