A financial providing inventory for the certificated mode need certainly to conform to the fresh criteria of twelve U
( step one ) A nationwide bank may recommend the manner in which the inventory should be transferred in bylaws otherwise articles regarding relationship. S.C. 52, including about:
( iv ) In the event your financial affairs multiple category of stock, the latest respective legal rights, preferences, privileges, voting rights, energies, limitations, limitations, and you will official certification each and every category of stock approved (unless of course integrated by the reference to the stuff of connection);
( v ) Signatures of your own chairman and you can cashier of your lender, or eg almost every other officers as bylaws of financial offer; and you will