Section 10A-2A-6.25

Form and content of certifications.

(a) Stock may, but need not, be represented by certificates. Unless this chapter or another statute expressly provides otherwise, the rights and obligations of stockholders are identical regardless of whether their stock is represented by certificates.

(b) Each stock certificate must be signed by two officers designated in the certificate of incorporation or bylaws.

(c) Each certificate representing stock shall comply with Sections 10A-1-3.42, 10A-1-3.43(b), and 10A-1-3.44.

(d) No certificate representing stock shall be issued in bearer form.

(Act 2019-94, §1.)