Paragraph 65 Transmission of sharesI1
United Kingdom
(1)
If title to a share passes to a transmittee, the company may only recognise the transmittee as having any title to that share.
(2)
Nothing in these articles releases the estate of a deceased member from any liability in respect of a share solely or jointly held by that member.
Annotations
Commencement
- I1
Sch. 3 art. 65 in force at 1.10.2009, see reg. 1