Demand Rights - It is a legal binding contract entitling a shareholder or shareholders involved in a corporation to place requests in a timely manner. The enforcing or demand of rights to hold a corporation legally responsible for registering of stock shares for sale at a later date. This is a binding agreement between the corporation the stock are issued and the individual in the process of buying the stock certificates. It is with the intent of placing the stock certificates for sale at a later specified date. The corporation is obligated to initiate and to pursue the registration of a public offering.