摘要
上市公司限售流通股质押在法律上存在质权效力瑕疵或者质权实现期限受限售期限制的风险。以上市公司限售流通股设定质押的,应认为其质权有效,但其实现期限受到限售期的限制。质权人在限售期内不得主张实现质权,转让质押的股票。以限售流通股质押担保为唯一保障措施的信托产品应充分估计此法律风险,通过增加有效的保障措施以维护投资者的合法利益。
There are legal risks of pledge on restricted stock of listed company that the pledge may be affirmed invalid or time constraint.The pledge on restricted stock of listed company should be valid,but the pledge should be time-limited that the oblige should not transfer the stock until the restricted period expires.When we design the pledge on restricted stock of listed company as the only safeguard measure on a trust product,we should evaluate sufficiently the above legal risks and protect the legal interests of investors by adding some effective measures.
出处
《区域金融研究》
2010年第7期20-22,共3页
Journal of Regional Financial Research
关键词
限售流通股
股权质押
法律风险
Restricted Stock
Pledge of Stock Rights
Legal Risks
