# The Companies (Model Articles) Regulations 2008, Paragraph 45: Company not bound by less than absolute interests

Extent: E+W+S+N.I.

Except as required by law, no person is to be recognised by the company as holding any share upon any trust, and except as otherwise required by law or the articles, the company is not in any way to be bound by or recognise any interest in a share other than the holder’s absolute ownership of it and all the rights attaching to it.

---
Source: https://www.legislation.gov.uk/uksi/2008/3229/schedule/3/paragraph/45 (the official version)
Page: https://openlegislation.uk/companies-model-articles-regulations-2008/schedule-3/paragraph-45
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.