← belizelaw.ai · International Business Companies, Cap. 270 · PART III — Capital and Dividends

Share register

Cap. 270, s. 31 · Revised Edition 2020

(1) A company incorporated under this Act shall cause to be kept one or more registers to be known as “share registers” containing– (a) the names and addresses of the persons who hold registered shares in the company; 36 (b) the number of each class and series of registered shares held by each person; (c) the date on which the name of each person was entered in the share register; and (d) the date on which any person ceased to be a (e) (f) but the company may delete from the register information relating to persons who are no longer members or information relating to shares issued to bearer that have been cancelled. (2) The share register may be in any such form as the directors may approve but if it is in magnetic, electronic or other data storage form, the company must be able to produce legible evidence of its contents. (3) A copy of the share register, commencing from the date of the registration of the company, shall be kept at the registered office of the company referred to in section 42 of this Act or at the office of the registered agent referred to in section 43 of the Act. (4) The share register is prima facie evidence of any matters directed or authorised by this Act to be contained therein. (5) A company that wilfully contravenes this section is liable to a penalty of $25 for each day or part thereof during which the contravention continues, and a director who knowingly permits the contravention is liable to a like penalty.

Amended by: 36 of 2017; 36 of 2017; 36 of 2017

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Share register — Cap. 270 s. 31 · Belize Law