Equity securities, terms and volumes of the implementation of the rights
Issue - it is the consistent actions of the Issuer to the issuance and placement of series of the securities.
Equity securities are those securities that are standard and have equal volumes and deadlines for the implementation of the rights of the inside of one issue is not dependent on time of acquisition of these securities.
That is, any securities, they may be uncertified securities, which at the same time are characterized by the following features:
1) in the aggregate reinforce the property and non-property rights subject to certification and mandatory implementation of these rights in compliance with the established by the law of the form and order;
2) are placed issues;
3) within one issue, have the same terms and volumes of the implementation of the rights regardless of the time of acquisition of the securities. These include stocks and bonds.
Share - always-issued securities; bonds may be, as the issue and will not issue in the cases of a single issue). The promissory note is not issued securities (the exceptions are serially produced by the financial promissory notes).
Equity securities
Example: Joint-Stock company "Spring" has made the issue in the documentary form : registered ordinary shares, with a total value of 2 000 000 $. In one certificate 100 shares, the nominal value of one share is 10 $. Printing house on the Issuer's request prints 2000 certificate (the 2 000 000 $ / 100 shares / 10 $).
Equity securities
The existence of emissive securities shall be payable to the bearer and registered shares in certificated and uncertificated form.
The requirement for a standard placement of emissive securities;
1) the decision on the further placement of securities;
2) approval of the decision on issue of securities;
3) the state registration of the securities issue;
4) placement of securities;
5) to submit a report to the registration body, associated with the result of the securities issue;
Issue of the securities in certain cases it may consist of other stages. This may be the reorganization of the legal entities and the establishment of a joint-stock company.
