Statute
Section 39 — Companies Act 1993: Transferability of shares
Text of the provision Official document
39 Transferability of shares (1) Subject to any limitation or restriction on the transfer of shares in the constitution, a share in a company is transferable. (2) A share is transferred by entry in the share register in accordance with section 84 of this Act. (3) The personal representative of a deceased shareholder may transfer a share even though the personal representative is not a shareholder at the time of transfer.
Official source: legislation.govt.nz
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