Ancillary service stock corporation
The ancillary service stock corporation is a stock corporation in which the shareholders are obliged to provide further services in addition to their capital contribution that are recurring and do not consist of cash benefits, Section 55 (1 ) sentence 1 of the Stock Corporation Act (AktG). An example of such an ancillary service would be the delivery of milk to a dairy company.
This presupposes that the shares were issued in the form of registered shares with restricted transferability, so that the management board of the stock corporation always knows every shareholder and debtor of the ancillary service and can prevent the transfer of shares to shareholders who, in their opinion, are insufficiently efficient.
