How do I issue corporate stock?

Issuing corporate stock in Texas is a process that must be conducted in accordance with the Texas Business Organizations Code. The initial step of this process is to set up your corporation with the Secretary of State. After the corporation is formed, the corporation must issue a certificate of stock. This certificate must contain the name, address, and stockholder information, the name of the corporation, the number of shares and the par value of the shares, and an authorization of the issuance of the shares. The second step of the process is for the corporation to acquire a transfer agent. A transfer agent is a company with which the corporation registers its stock certificates. The transfer agent also keeps track of the stockholders’ ownership records and makes sure that the stockholders comply with the tax law. The third step is for the corporation to issue the shares to the stockholders. The corporation will assign a transfer agent to help with this task and will prepare a stock ledger that details the share ownership. The stockholders will then receive a certificate of stock from the transfer agent that lists the amount of shares they own. The fourth step of the process is to register the shares with the Securities and Exchange Commission (SEC). Once the shares are registered, the SEC must review the corporate records to make sure that the corporation is in compliance with their regulations. Once the SEC approves the registration, the shares are then available to be traded publicly.

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How do I issue corporate stock?

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