An integral part of the financial system of any state is the securities market. Securities are one of the main means of development and restoration of market methods of management, as they fix the ownership of capital. This right is divided into 2 types, on the one hand, securities play the role of property, on the other hand, they define and fix the owner's right in relation to the legal entity that issued the securities. In any case, the right certified by securities can be transferred to another person.
It is necessary
Creation of a joint stock company and the decision to issue securities
Instructions
Step 1
The organization issues securities in several stages.
Step 2
First, you need to make a decision on the placement of securities.
Step 3
Approve the decision to issue securities.
Step 4
Pass the state registration of the Central Bank issue.
Step 5
Place the Central Bank.
Step 6
Register a report on the results of the securities issue.
Step 7
The decision on the placement of securities is made in accordance with the agreement on the creation of a joint stock company, which will be the basis for the authorized body of the issuer. Such a decision can be made by the general meeting of shareholders or the supervisory board of the legal entity.
Step 8
In addition, it is necessary to decide on the method of placing the securities. All securities of the same type, categories placed at the same time should be placed in only one way to choose from: distribution among shareholders; acquisition of the Central Bank by one founder; conversion; paid acquisition; public placement; exchange for other shares created as a result of the transformation.
Step 9
The decision to issue securities must contain data to establish the owner's rights assigned to the Central Bank. Therefore, the decision to issue is a document of title and is subject to registration at the same time as state registration.
Step 10
After passing this procedure, the issuer will not be able to change the decision on the issue of shares in terms of the scope of rights established by this decision. At the same time, the requirements highlighted by the charter of a joint-stock company are mandatory for both shareholders and all bodies of the organization. The decision to issue securities must also contain information about the person who provided the security and the terms of the security themselves.
Step 11
According to the standards for the issue and registration of the Central Bank prospectuses, which are approved by the government, the decision on the issue placed during the establishment of the company and during the reorganization, division and transformation is approved after the state registration of the legal entity, but before the submission of the package of documents for registration of the issue and the report on the results of the issue of the Central Bank. The decision on the issue must be signed by an official who is the sole executive body of the issuer and is sealed.
