What is procedures to transfer shares?

Every company has its own forms and procedures - go to the company's website and ask.

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Originally Posted by kerd

what is procedures to transfer shares?

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Generally, the corporate secretary is supposed to keep "transfer books", i.e.: a record of how many shares have been issued to each shareholder. If a shareholder desires to transfer his shares, he should deliver the shares to the secretary, who should make the appropriate notation in the transfer books, and deliver a new share certificate to the transferee.

For specifics, you should consult the corporations statute of the state in which the corporation is incorporated.

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Originally Posted by AK lawyer

Generally, the corporate secretary is supposed to keep "transfer books", i.e.: a record of how many shares have been issued to each shareholder. If a shareholder desires to transfer his shares, he should deliver the shares to the secretary, who should make the appropriate notation in the transfer books, and deliver a new share certificate to the transferee.

For specifics, you should consult the corporations statute of the state in which the corporation is incorporated.

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Are you talking about a transfer of ownership? Why would you do this instead of asking the corporation directly for their transfer policy, obtaining and submitting the forms and sending the certificates to the corporation (if the person has them)?

I have found that each corporation has its own "rules" and forms.

I don't know that people asking this question on AMHD have the ability/understanding to research State laws.

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Originally Posted by JudyKayTee

I have found that each corporation has its own "rules" and forms.

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Often small closely held corporations don't. They may have never encountered the issue before.

If the OP is secretary of the corporation, and a shareholder is trying to transfer shares, this would not help much.

Kind of like my computer, in case of trouble, telling me to "contact your network administrator". I am the network administrator. :)