Can a minor become a shareholder of a corporation?

Question

Can a minor become a shareholder of a corporation?

Answer 1

Technically, yes, if the shares are issued with the minor's name as the owner of record. This could happen if a shareholder turns in the shares properly endorsed and naming the minor as the new owner. The minor cannot enter into a contract to buy or sell the shares, however. In most cases, the minor's shares are held by an adult as custodian for the minor.

Answer 2

HELLO.

NO.

Answer 3

only with a parent or guardian co-signing