Usual Common Form - Definition - Law Dictionary Home Dictionary Definition usual-common-form

Definition :

Usual common form, means the articles of association sometimes provide that the transfer of shares should be in writing, and in the 'usual common form'. This expression means that everything which is material to the transfer must be in the usual common form. It does not mean that the transfer is bad if the ifs are not properly dotted, and the it's are not properly crossed, Letheby and Christopher, Ltd., (1904) 1 Ch 815.