Skip to main content

Membership/Stock Certificates

Issue, manage, and export LLC membership & corporate stock certificates digitally with Dappr, with automatic voiding and compliance.

Tobias Mikalsen avatar
Written by Tobias Mikalsen
Updated over 6 months ago

A well-maintained ownership record begins with clear, professional certificates. Whether your business is an LLC or a corporation, every Dappr package—from Basic to Pro—lets you generate electronic membership or stock certificates that mirror traditional paper documents while integrating directly with your cap table. In the sections below, you’ll learn why these certificates matter, how to issue them in just a few clicks, and how Dappr automatically keeps them up to date whenever ownership changes.

Membership Certificates for LLCs

A membership certificate serves as formal evidence of a member’s ownership interest in a limited liability company. With Dappr, the certificates are fully electronic, preserving the professional look of traditional paper certificates while integrating seamlessly with your digital cap-table and transfer ledger.

Purpose and legal context

Membership certificates document the amount or percentage of ownership a member holds as of the issuance date. Because LLC interests are generally considered securities under many state and federal frameworks, any sale or transfer must take place under an applicable exemption (for example, Regulation D or Rule 147) or be otherwise registered. To help members remain compliant, each certificate that Dappr generates includes standard language clarifying that the interest represented “has not been registered under the Securities Act of 1933 or the securities laws of any state” and may be transferred only in accordance with those laws.

How to issue the certificate

  1. Navigate to Business Records > Ownership > Certificates.

  2. Click Create certificate.

  3. Choose the recipient member from the list.

  4. If your LLC issues unit classes, select the relevant class. For LLCs that allocate ownership as a percentage, Dappr automatically calculates and displays the member’s percentage interest instead.

  5. Confirm the issuance details and click Create certificate.

Once issued, the certificate appears in the Certificates list and in the member’s ownership profile. If you later issue a new certificate—perhaps after admitting a new member—Dappr automatically voids any prior certificate for that class or percentage so the historical record stays accurate.

Exporting and printing

To retain an offline copy or provide documentation to investors, open the certificate in Business Records > Ownership > Certificates and select Download certificate. Dappr immediately saves a PDF version that can be printed or shared like any other PDF.

Transfers and replacements

While Dappr’s electronic certificates do not carry the transfer block found on paper certificates, every transfer is still fully traceable. The transfer itself is initiated from the member’s profile in the Members screen and recorded in the digital transfer ledger. When a transfer closes, Dappr voids the original certificate—ensuring that every outstanding certificate always reflects the current ownership position.

Stock Certificates for Corporations

Stock certificates play a similar evidentiary role for corporations, documenting the number and class of shares a shareholder owns. Although many modern corporations maintain a “book-entry only” record, certificates remain useful when investors or founders want a tangible (yet electronic) proof of ownership.

Purpose and legal context

Each stock certificate identifies the shareholder, the share class, the number of shares, and the date of issuance. Because shares are securities, any issuance or resale must comply with federal and state securities laws. Dappr’s template therefore incorporates language stating that the shares “have not been registered under the Securities Act of 1933 or applicable state securities laws” and cannot be sold or transferred without an exemption or registration.

How to issue a stock certificate

  1. Visit Business Records > Ownership > Certificates.

  2. Click Create certificate.

  3. Select the shareholder.

  4. Choose the share class (e.g., Common, Series A Preferred).

  5. Review the summary and click Issue certificate.

As with LLC certificates, Dappr logs the issuance, assigns a sequential certificate number, and stores the signed PDF in the Certificates list and in the shareholder’s profile. Issuing a fresh certificate for the same share class automatically voids the previous certificate to prevent duplication.

Exporting and printing

From Business Records > Ownership > Certificates, select the certificate and click Download certificate. You receive a ready-to-print PDF that can be saved for board minutes, investor relations packets, or due-diligence requests.

Transfers and automatic voiding

Share transfers begin in the cap table: Business Records > Ownership > Cap Table > [shareholder] > Transfer shares. When the transfer posts, Dappr voids the old certificate. The continuous linkage between transfer ledger and certificate registry means your corporation’s ownership records stay clean without manual reconciliation.

By keeping certificate creation, tracking, voiding, and PDF export inside Dappr, both LLCs and corporations maintain a clear, audit-ready ownership trail—without the administrative burden of managing paper stock books or manual ledgers.

Did this answer your question?