Does the holding period begin on the date on which the stock certificate was issued or when the shareholder fully paid for the shares?
The holding period begins when you paid in full for your shares (or the date that you made a convertible loan to the Company that was eventually converted to stock). If your stock certificate was issued less than one year ago, but you paid for the shares more than one year before the requested removal of the legend, you must provide documentation to your broker or bank to confirm the date on which payment in full was accepted by the Company. If you made a convertible loan to the Company and converted the debt to common stock, your holding period probably began on the date of the loan not the date of conversion of the debt to stock.
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