Securities has a vital importance on implementation of ownership activity. So, the shares gives opportunity for their owners to participate at the management of society, to get expense from the activity of society and gain of property right to the posession of society. In this case the responsibility of shareholder are limited by the amount of shares he owned. Except, the shareholder is free from implementatation of obligatory indemnifications (property tax and road tax). Apparently, the securities are the most effective resource from point of view of implementing the ownership activity. In accordance with, the legislation of the Republic of Azerbaijan that is in the force the securities are included orders, bills, cheques, loans, shares, commodity, deposit certificate, hypothecary, opsion, futures and appartment certificate. Some types of securities are spread widely in commercial relations. For example shares, loans, bills and cheques. The apply of other types was not spread widely. In accordance with, it implemented functions the securities are divided into investment, paid, title and produced securities. Investment securities, loans and shares, paid securities, orders, cheques and bills are related to titul securities, trade securities, produced securities, opions and futures. The obligatory instructions on issue of securities, its issuer (issuer of securities) at the same time requisities of securities defined by legislations. At the same time the articles regulating the specifications of each type of securities by normative legal acts have been reflected. Apply to the law firm “HES” if you want to get detailed information on different type of securities and their specifications on implementation of rights and obligations on them, at the same time if you need the legal aid on issue of different type of securities and implementation of ownership activity connected with it.