2005 Minnesota Statutes

     300.55 Stock certificates, to whom issued. 

    When a person pays in full all amounts due a corporation 
 upon a certificate of its stock, and surrenders all receipts, if 
 any, issued for it, that person must be furnished with a 
 certificate, under the corporate seal, stating the number of 
 shares and class of its stock owned by that person, signed by 
 its president or vice-president, and by its secretary, or by the 
 officers the certificate of incorporation or bylaws provides.  
 When a certificate is signed by a transfer agent or registrar, 
 the signature of a corporate officer and the corporate seal upon 
 the certificate may be engraved or printed facsimiles.  The 
 certificate is prima facie evidence of ownership of the stock.  

    HIST: (7481) RL s 2879; 1963 c 299 s 1; 1984 c 628 art 5 s 1; 
 1986 c 444