# The Companies (Model Articles) Regulations 2008, Paragraph 65: Transmission of shares

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

(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.

---
Source: https://www.legislation.gov.uk/uksi/2008/3229/schedule/3/paragraph/65 (the official version)
Page: https://openlegislation.uk/companies-model-articles-regulations-2008/schedule-3/paragraph-65
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.