A corporate seal is a device made to either emboss or imprint certain company information onto documents. It can be thought of as the signature of the company or corporation. This information usually includes the company’s name, date and state of formation.
Corporate seals are often required when opening corporate bank accounts, distributing stock or membership certificates or conducting other corporate business.
Corporate Seals are generally used by corporations for two purposes:
Traditionally, seals used to be used to make an impression on melted wax on the relevant document, although modern seals will usually only leave an indentation or impression on the paper (although sometimes a red wafer is used to imitate old red wax seals, and to make the sealing show up better on photocopies).
What is a deed?
A deed is a signed and usually sealed instrument containing some legal transfer, bargain, or contract.