Re:Russian FOSS activist arrested in Russia for his Tor exit...
by schoen on Wednesday April 12, 2017 @01:58PM
(#14100073)
> what is a bearer share company?
A bearer instrument is an instrument which states that it is owned/controlled/usable/valid for the benefit of whoever possesses it, and normally doesn't rely on registering that ownership with an authority.
A bearer share company is a company that doesn't know or register who owns it. If, at a particular moment, you own the physical certificates that connote ownership, you own the company.
A bearer instrument is an instrument which states that it is owned/controlled/usable/valid for the benefit of whoever possesses it, and normally doesn't rely on registering that ownership with an authority.
https://en.wikipedia.org/wiki/Bearer_instrument
A bearer share company is a company that doesn't know or register who owns it. If, at a particular moment, you own the physical certificates that connote ownership, you own the company.