Full paid stock, also known as paid up stock, refers to shares issued by a company for which all payment has been received. This means that the issuing company cannot demand any further payments from shareholders for these shares. Essentially, once you own full paid stock, you have fully satisfied your financial obligation to the company regarding that stock.
Full paid stock is commonly used in corporate finance and securities law. It plays a significant role in the issuance of shares, as it indicates that the company has received full payment for the shares sold. This term is relevant in various legal contexts, including:
Users can manage related legal forms, such as stock purchase agreements, through platforms like US Legal Forms, which provide templates drafted by qualified attorneys.
Here are a couple of examples of abatement:
Here are a couple of examples of full paid stock:
| Term | Definition | Key Difference |
|---|---|---|
| Paid up stock | Another term for full paid stock, indicating no further payments are required. | No difference; both terms are interchangeable. |
| Partially paid stock | Shares for which only some payment has been made. | Partial payments are still owed on these shares. |
If you own full paid stock, you should ensure that you have received all relevant documentation confirming your ownership. If you are considering purchasing stock, make sure to understand the payment obligations. For assistance, you can explore US Legal Forms for templates related to stock transactions. If you have complex questions, seeking professional legal advice may be beneficial.
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| Typical fees | Varies by company and transaction |
| Jurisdiction | State corporate laws |
| Possible penalties | None for full paid stock; penalties may apply for non-compliance in other areas |
You have fully satisfied your payment obligations and hold complete ownership of the shares.