Founder Shareholders
From FairShares Wiki 3.x
Revision as of 11:44, 22 June 2014 by Natasharidleyduff (Talk | contribs)
Founder Shareholders are the people (or organisations) that found the Company or Co-operative, specified on the incorporation documents. They are issued with Founder Shares. No additional Founder Shares can be issued after incorporation. Founders hold their shares until they choose to cancel them, die or become bankrupt/insolvent. This is different from Founder Members, who are the people (organisations) that found an organisation using Model Articles of Association for an Association.
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