Legal analysis: rural equity certificate is a kind of equity certificate, which has the basic proof function of general equity certificate, but it is more the basis for shareholders to enjoy the distribution of equity income. The functions of rural stock warrants are: the right to vote, to be elected and to vote, the right to democratic management and supervision, the right to criticize and suggest, the right to enjoy welfare and the right to share dividends. 1, the right to vote, the right to be elected and the right to vote. All basic shareholders who have reached the age of 16 and enjoy independent civil capacity have the right to vote, stand for election and vote; 2. Democratic management and supervision. Enjoy democratic management and supervision over the management of village stock economic cooperatives; 3. The right to criticize and suggest. Enjoy the right to raise questions, criticisms and suggestions to the board of directors of the village stock economic cooperative. 4. Right to welfare. The right to enjoy the production and living services and various benefits provided by the village stock economic cooperative; 5. Dividend sharing right. According to the dividend right, after the dissolution of the village stock economic cooperative, the remaining property of the village stock economic cooperative will be distributed according to law after accounting.

Legal basis: Article 11 of the Opinions on Steadily Promoting the Reform of Rural Collective Property Rights System guarantees the rights of farmers' collective assets. Organize and implement the pilot reform of giving farmers collective asset ownership, income right, paid withdrawal right, mortgage right, security right and inheritance right. Establish a collective asset equity registration system, record the share information of collective assets held by members of rural collective economic organizations, and issue equity certificates. Improve the collective income distribution system, clarify the proportion of provident fund and public welfare fund, and implement the right to distribute farmers' collective assets and shares. Explore the conditions and procedures for farmers to withdraw from collective assets. At this stage, the paid withdrawal of collective assets held by farmers shall not break through the scope of collective economic organizations, and can be transferred within the collective or redeemed by the collective. Relevant departments should study and formulate measures for mortgage and secured loans for collective assets, and guide rural collective economic organizations to formulate measures for farmers to inherit collective assets. Summarize the pilot experience in time and push it away in time.