Do I need a stock ledger?
All transactions regarding the shares of your business must be recorded in the stock ledger, including when shares were initially issued and any stock transfers that occur. The stock ledger should also include any shares which are surrendered or lost.
How do you maintain a stock ledger?
Maintaining a Stock Ledger to Protect Your Corporate VeilStock certificate number.Number of shares.Shareholder to whom shares were issued.Address of shareholder to whom shares were issued.Date of issue.Amount paid for the shares.A notation covering the history of the transfer of stock (i.e. why it was transferred)
What goes in a stock ledger?
A stock ledger is a book or table kept by a corporation in which are entered the names of the stockholders, the amounts of their respective holdings, contributions made by them for such stock, and a record of transfer of ownership. The ledger is kept in the format of a table, much like a simple spreadsheet.
What is stock record?
A stock record is a master list of the securities held by a brokerage firm on behalf of its customers. The list is updated with every transaction executed by the brokerage.