Q:

What is a stock ledger?

A:

Quick Answer

Dictionary.com defines a stock ledger as the capital stock records of a corporation. Stock ledgers are also often referred to as stock books. These records are permanent, and contain the personal information of each stockholder along with details of each share they own.

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LegalZoom states that stock ledgers should be updated each time a transaction dealing with a share occurs. The website states that each ledger can be uniquely notated, but it should always exhibit important details such as the performers of a stock transfer and how much stock was exchanged. The site also emphasizes that the name, contact number and addresses of each shareholder should be listed in a stock ledger.

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