
Sole director resolution approving a transfer of shares
Use this sole director resolution template to approve a transfer of shares in your company.
By using this template resolution, you ensure you follow the correct legal process and record the share transfer properly. Failing to follow the correct process can lead to a share transfer being invalid and legal disputes between shareholders and your company regarding the ownership of shares. Resolving these types of disputes can be time-consuming and costly.
These sole director resolutions should be used if your company has only one director and your company has the model articles of association. If your company has bespoke articles of association or has a shareholders’ agreement, you should check the rules around share transfers in those documents before using this resolution.
If your company has more than one director, you should use our template board minutes or written board resolution to approve a share transfer.
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.
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