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Share capital: what rights do the personal representatives of a deceased shareholder have in relation to the company before the grant of probate or letters of administration?
Original date of publication 14 August 2013, republished 22 July 2015.
On the death of a shareholder the shares pass automatically to his personal representative. But what rights, if any, does an executor have before probate has been granted? Can they vote? Can they appoint a proxy? Also can a company register the PR as a member before probate has been granted?