Asked in Business Law and Contracts for California

Q: Is it customary for attorneys to keep clients’ stockholder share certificates at their office?

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2 Lawyer Answers
Shawn R. Jackson Esq.
Shawn R. Jackson Esq.
Answered
  • Rohnert Park, CA
  • Licensed in California

A: It is up to the individual attorney as to their preferences … most do not.

John Francis Nicholson
John Francis Nicholson
Answered
  • Woodland Hills, CA
  • Licensed in California

A: I've practiced law for 20+ years and I do not believe it is customary. I do not keep any of my client's documents except copies of wills, trusts, contracts that I was involved in providing legal services. However, if the attorney is representing the client's interest as a stockholder there may be circumstances where it is warranted.

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