Entrepreneurship & Small Business

How are private corporation shares sold/transferred?

  • Last Updated:
  • Oct 28th, 2016 11:00 am
[OP]
Newbie
Oct 29, 2014
24 posts
1 upvote
Beamsville, ON

How are private corporation shares sold/transferred?

Say you incorporated a business.
You want to sell some of your share....do you just draft up a contract?

Who actually keeps track of the share ownership in a private corporation? Especially..say a mini corporation with no real corporate minutes or record?
1 reply
Deal Addict
Feb 29, 2012
2654 posts
1459 upvotes
Richmond
There are provincial laws governing the private sale of shares in an incorporated business, and they are quite complex. You really need legal advice on this.

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