# Companies Clauses Act 1863, Section 19: New shares or stock to vest on acceptance.


The new shares or portions of new stock so offered shall vest in and belong to the shareholders or stockholders who accept the same or their nominees.

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Source: https://www.legislation.gov.uk/ukpga/Vict/26-27/118/section/19 (the official version)
Page: https://openlegislation.uk/companies-clauses-act-1863/section-19
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.