Use these board minutes of meeting to approve a transfer of shares in your company.
It is important that you use these template board minutes when transferring shares, because if you do not follow the correct process the share transfer may be invalid and/or there may be disputes between the shareholders and the company over who owns the shares. Using these minutes can save you time and money in the long term.
As an alternative to convening a board meeting and using these board minutes, your company can pass a written board resolution to approve a share transfer if you prefer.
If your company has only one director, you should use our sole director resolution to approve any share transfer.
Note these board minutes are drafted for a company with model articles of association. If your company does not have the model articles or has a shareholders’ agreement, you should check them for any provisions or restrictions on share transfers before using these minutes.
For further guidance on the process to follow to transfer shares, see our detailed Q&A on Transferring shares.
You can also purchase this document as part of the Share Transfer Toolkit.