Who is a shareholder?

Who is a shareholder?

July 23, 2019

A shareholder is an individual or institution (including a corporation) that legally owns one or more shares of stock in a public or private corporation. Shareholders may be referred to as members of a corporation. Legally, a person is not a shareholder in a corporation until his or her name and other details are entered in the corporation‘s register of members

Shareholders of a corporation are legally separate from the corporation itself. They are generally not liable for the debts of the corporation; and the shareholders’ liability for company debts are said to be limited to the unpaid share price, unless if a shareholder has offered guarantees

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    A limited liability company (LLC) must not have a company secretary.
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    This is the section in which the parties sign the contract or agreement.
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    SON Product Registration scheme is mandatory for all SON’s regulated products as mandated by SON Act 56 of 1971, 20 of 1984, 18 of 1990 as amended.

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    Yes, there is a late renewal fee, which is dependent on the category of the product.
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    No, a minor cannot be a director. A minor under Nigerian Law is anyone who is below 18 years of age.
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    A trademark can be any word, sign, symbol or graphic that you apply to your company, goods or services to distinguish them from those of your competitors; for example, a brand, product or company name, or logo. The trademark serves as a badge of origin for your business and its brands and products, and can consist of words, logos, slogans, colours and shapes, or a combination of all of these.
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