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LSDefine

Simple English definitions for legal terms

blank stock

Read a random definition: estates and trusts

A quick definition of blank stock:

Blank stock is a type of stock that has voting powers and rights set by the company's board of directors after it has been sold. It is one of many types of stocks, which are shares of ownership in a company. Other types of stocks include common stock, preferred stock, and convertible stock. Blank stock is important because it allows the company to adjust the voting powers and rights of its shareholders as needed.

A more thorough explanation:

Blank stock is a type of stock that has voting powers and rights set by the issuer's board of directors after the stock has been sold. This means that the board of directors can decide on the voting rights and other privileges of the stock after it has been sold to investors.

For example, if a company sells blank stock to investors, the board of directors can later decide to give the stockholders voting rights or other privileges based on the company's needs or goals.

This type of stock is different from other types of stock, such as common stock or preferred stock, which have predetermined voting rights and privileges.

blank indorsement | blasphemy

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soap
20:21
Did evil bun crash out aagin
triplethread
20:27
Yes
GreyCeaselessMammoth
20:30
curvy u were right that ucla was staggering their decisions and not just releasing all rs and wls at once... don't ask how i know :/
did you just get one...
bc if so I might be in line
20:38
mammoth wdym? D:
mammoth don't go ghost now cmon
GreyCeaselessMammoth
20:54
omg sorry guys i was in the middle of drafting my loci
GreyCeaselessMammoth
20:54
wl city
GreyCeaselessMammoth
20:54
i totally jinxed it
did you finish it
I have been struggling to write mine
triplethread
21:21
GO BUCKS!!!!!!
triplethread
21:22
O H I O
@triplethread: ohio fan=hot asf
21:30
Are there ever waves on weekends
don't think so chowie
21:35
SAD!
don't be sad chowie
I am here for you
21:43
awwww
21:43
can we hold hands
triplethread
21:53
Curvy are you from Ohio? I’m not just go to school here
@ChowieBean: yes we absolutely can
@triplethread: I am not I am from the south
@ChowieBean: sending you hugs <3
yoo guys for NUSL, they ask if we want our app to be reviewed by students.
or to just be reviewed by faculty
what would be better, idk im confused
triplethread
21:56
Why do you like Ohio then lol
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