# issue

URL: /business/nouns/share/issue · Id: `verb:Share.issue` · Call: `await $.Share.issue({ … })` (SDK) or the `do` tool at `https://api.sb/mcp`. Inputs says what to pass, Outputs what returns, When it waits who approves.

> Issue records new Shares of one class to a Holder under a board-approved Agreement, with the certificate or book entry.

[Issue](/business/nouns/issue) records new [Shares](/business/nouns/share) of one class to a [Holder](/business/nouns/holder) under a board-approved [Agreement](/business/nouns/agreement), with the certificate or book entry.

## Inputs
| Input | Type | Required | Description |
| --- | --- | --- | --- |
| `holder` | [Holder](/business/nouns/holder) | Yes | The Holder who receives the Shares. |
| `class` | `string` | Yes | The share class. |
| `quantity` | `integer` | Yes | How many Shares. |
| `price` | `money` | Yes | The price paid per Share. |
| `agreement` | [Agreement](/business/nouns/agreement) | Yes | The board-approved Agreement that authorizes the issue. |

## Outputs
| Output | Type | Required | Description |
| --- | --- | --- | --- |
| `share` | [Share](/business/nouns/share) | Yes | The issued Share record. |

## Effects
- Emits [`Share.issued`](/business/events/Share.issued).
- Performed by the [Legal Lead](/agents/legal/legal-lead).
- One-way (money): it waits out its delay window, and runs in the `send` and `do` modes.
- The cap table reads the new record from its issue date.

## Refuses when
| Check | Error | Fix | Then call |
| --- | --- | --- | --- |
| The key is valid, but its scopes do not allow this operation. | [`forbidden`](/code/api/errors/forbidden) | Use a key whose scopes cover the operation, or ask an owner of the namespace to grant them. | [Share.issue](/business/nouns/share/issue) |

## When it waits
| Gate | Default |
| --- | --- |
| Decision class | High: one-way, broad (money) |
| [Delay window](/systems/trust-and-governance/controls/one-way-windows) | 1 business day, in which a watcher can pause, redirect or cancel it; then it runs. |
| Limit | The spend [Limit](/business/nouns/limit) of the [Permission](/business/nouns/permission) or [Mandate](/business/nouns/mandate) it runs under. |
| Over the Limit | It waits `pending` for an [Approval](/business/nouns/approval) from the [Founder](/agents/founding/founder). Approved, it runs; refused, it ends `refused` with [`limit-exceeded`](/code/api/errors/limit-exceeded); unanswered by its deadline, it ends `canceled`. |

## Example

**Ask**

```text
Issue the latest share with a holder and an agreement.
```

**API**

```bash
curl -X POST https://api.sb/kilnbakery.com/shares/issue \
  -H "Authorization: Bearer $STARTUP_BUILDER_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"holder":"holder_1","class":"Example class","quantity":1,"price":{"amount":9,"currency":"USD"},"agreement":"agreement_1"}'
```

```json
{
  "api": "https://api.sb/kilnbakery.com",
  "share": {
    "$id": "https://api.sb/kilnbakery.com/shares/share_1",
    "$type": "Share",
    "class": "common",
    "quantity": 1
  },
  "action": {
    "$id": "https://api.sb/kilnbakery.com/actions/action_1",
    "operation": "Share.issue",
    "status": "done"
  },
  "links": {
    "self": "https://api.sb/kilnbakery.com/actions/action_1"
  }
}
```

**SDK**

```ts
import { $ } from 'startup-builder'

const share = await $.Share.issue({ holder: 'holder_1', class: 'Example class', quantity: 1, price: { amount: 9, currency: 'USD' }, agreement: 'agreement_1' })
```

**CLI**

```bash
npx startup-builder do Share.issue --json '{"holder":"holder_1","class":"Example class","quantity":1,"price":{"amount":9,"currency":"USD"},"agreement":"agreement_1"}'
```

**MCP**

```json
{
  "name": "do",
  "arguments": {
    "code": "return await $.Share.issue({ holder: 'holder_1', class: 'Example class', quantity: 1, price: { amount: 9, currency: 'USD' }, agreement: 'agreement_1' })"
  }
}
```