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Mar 6, 2019 · As per the SEC, while the STB is a crucial document as far as recording stock ownership is concerned, it is not a public record. As such, it is not the only way to establish ownership of stock. It stated that “extrinsic records” such as certified/sworn records of copies and even parol (verbal) testimony can be valid.

Aug 24, 2015 · The SEC advised the Corporate Secretary of GDITI to take the following necessary measures to make the STB accessible: 1. File an action in court to gain access and assume custody of the...

May 9, 2023 · In the words of the Securities and Exchange Commission, the STB is the quintessential record of all stockholders and their corresponding stockholdings in the corporation. It is the best evidence to prove the status of a person as a stockholder of a corporation. (SEC OGC Opinion 19-51, October 11, 2019)

Jan 21, 2020 · The stock and transfer book, or STB, is the registry of ownership in a corporation. It is the quintessential record of all stockholders and their corresponding stockholdings in the corporation (SEC Opinion dated 03 July 2015).

Jul 7, 2023 · On 14 March 2023, the Office of the General Counsel (“OGC”) of the Securities and Exchange Commission (“SEC”) issued SEC-OGC Opinion No. 23-04, where the SEC explained the remedies available if: (i) a stock and transfer book (“STB”) is lost or destroyed, and (ii) when a corporation wrongfully refuses to issue a certificate of stock.

Jan 16, 2025 · A subsidiary company in the Philippines must register with the Securities and Exchange Commission (SEC), Bureau of Internal Revenue (BIR), local government units (LGUs), statutory agencies, and other government bodies, as …

Jun 30, 2024 · Stock and Transfer Book (STB): The Corporation’s STB must be stamped by the SEC within thirty (30) days from the issuance of the Corporation’s Certificate of Incorporation. Minutes of Meetings : Corporations must keep and maintain records of minutes of all meetings of shareholders, board of directors, and committees of the board.

SEC Form Stock and Transfer Book (STB) Primary Registration: Domestic Stock Corporation - SEC form stock and transfer book for domestic stock corporation