# Companies (Consolidation) Act 1908, Section 22: Nature of shares.


(1) The shares or other interest of any member in a company shall be personal estate, transferable in manner provided by the articles of the company, and shall not be of the nature of real estate.
(2) Each share in a company having a share capital shall be distinguished by its appropriate number.

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Source: https://www.legislation.gov.uk/ukpga/Edw7/8/69/section/22 (the official version)
Page: https://openlegislation.uk/companies-consolidation-act-1908/section-22
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.