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31 may
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a legal or natural person who owns the securities on the basis of ownership or other real right. The rights of holders to issued securities of a documentary form of issue are certified by certificates (if the certificates are held by the holders) or by certificates and records on depo accounts in depositories (if the certificates are deposited with the depository). The rights of holders to equity securities of non-documentary form of issue are certified in the system of maintaining the register of holders of securities by entries on personal accounts with the registrar or, in the case of recording rights to securities in a depositary, by entries on depo accounts in depositories.

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