Written board resolution approving a transfer of shares
Use these written board resolutions to approve a transfer of shares in your company.
By using these template board resolutions, you ensure that you follow the correct legal process which minimises the risk that the share transfer will be invalid. If you don't follow the right process this can lead to legal disputes between shareholders and the company, which can cost significant time and money.
Note that these written board resolutions are drafted for a company with model articles of association. If your company does not have the model articles or has a shareholders’ agreement, you should check them for any provisions or restrictions on share transfers before using these resolutions.
As an alternative to having all your directors sign these resolutions, your company can pass the necessary board resolutions at a board meeting and use our template board minutes to approve a share transfer if you prefer.
If your company has only one director, you should use our sole director resolution approve any share transfer.
For further guidance on the process to follow to transfer shares, see our detailed Q&A on Transferring shares.
You can also purchase this document as part of the Share Transfer Toolkit.
Related Toolkits
Share transfer toolkit
This toolkit contains guidance on the process to follow in order to transfer shares, and copies of all the documents your company will need to properly approve the transfer of shares. The toolkit includes the stock transfer form necessary to make a transfer of shares, company resolutions to approve the transfer, and supporting guidance and documents to give legal effect to a share transfer. The documents contained in this toolkit are suitable for any transfer of shares in a company with the model articles of association.
This toolkit contains guidance on the process to follow in order to transfer shares, and copies of all the documents your company will need to properly approve the transfer of shares. The toolkit includes the stock transfer form necessary to make a transfer of shares, company resolutions to approve the transfer, and supporting guidance and documents to give legal effect to a share transfer. The documents contained in this toolkit are suitable for any transfer of shares in a company with the model articles of association.
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