Share .transfer
POST /{namespace}/shares/{share}/transfer
Transfer moves Shares from one Holder to another under a signed Agreement, within the Company’s transfer restrictions.
- Noun
- Share
- Mode
do- Event
Share.transferred
Inputs
| Input | Type | Required | Description |
|---|---|---|---|
share | Share | required | The Share record to transfer from. |
to | Holder | required | The Holder who receives them. |
quantity | integer | required | How many Shares move. |
agreement | Agreement | required | The signed transfer Agreement. |
Outputs
| Output | Type | Required | Description |
|---|---|---|---|
share | Share | required | The new Share record held by the receiving Holder. |
Effects
- Emits
Share.transferred. - Performed by the Legal Lead.
- One-way: it waits out its delay window, and runs in the
sendanddomodes. - Refuses a transfer the bylaws or a right of first refusal block.
- Keeps the original record; a transfer writes a pair of records, never an edit.
Refuses when
| Check | Error | Fix | Then call |
|---|---|---|---|
| The key is valid, but its scopes do not allow this operation. | forbidden | Use a key whose scopes cover the operation, or ask an owner of the namespace to grant them. | Share.transfer |
| A transfer the bylaws or a right of first refusal block | refused | Clear what the check names, then call it again. | Share.transfer |
When it waits
| Gate | Default |
|---|---|
| Decision class | Medium: one-way, bounded |
| Delay window | 1 business hour, in which a watcher can pause, redirect or cancel it; then it runs. |
| Limit | The call Limit of the Permission it runs under. |
| Over the Limit | It waits pending for an Approval from the Founder. Approved, it runs; refused, it ends refused with limit-exceeded; unanswered by its deadline, it ends canceled. |