The most important goal of the transfer restrictions of the registered shares in joint stock companies is to protect the certain structure of the corporation. In the case where the shareholders are heritors, the use of the purchasing right without any registration application to the company causes many important inconveniences. In the succession of the registered shares in the case of inheritance, heritors will have exclusive rights in the portion of the heritage, not on the shares. Therefore, it must be anticipated to make a registration application to the company. There is no priority between directors and shareholders about using the mentioned right. Subsequently the application of registration, it is acceptable that he right was used by directors and shareholders proportionally with their shares. In this respect, the doctrine of equal treatment between shareholders is also valid.It is accepted in the literature that the concept of "heritage" in the article 418/4 of the Turkish Commercial Code must be interpreted broadly. In my opinion, it is important for the person who receives benefits from testamentary disposition that the succession was volitional or not.