Ceuta border fence Ceuta border fence The Ceuta border fence forms part of the Morocco–Spain border at Ceuta, a city on the North African coast. Constructed by Spain, its purpose is to prevent smuggling and to stop migrants from entering Europe. Morocco objected to the construction of the barrier since it does not recognize Spanish sovereignty in Ceuta. Ceuta is an integral part of Spain, and therefore of the European Union; its border and its equivalent in Melilla are the only two land borders between the European Union and an African country. The fence consists of parallel 6 metre (20-foot) fences topped with
Issued shares not change, in relation to the issuing corporation after that time. Shares are most commonly issued fully paid, in which case the liability of the shareholders is limited to the amount paid on the shares; but they may also be issued partly paid, with unlimited liability, subject to guarantee, or some other form. Issued shares Issued shares is a term of law and finance for the number of shares of a corporation which have been allocated (allotted) and are subsequently held by shareholders. The act of creating new issued shares is called "issuance", "allocation" or "allotment". Allotment is simply the