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A stock transfer agent, transfer agent, share registry or transfer agency is an entity, usually a third-party firm unrelated to security transactions, that manages the change in ownership of company stock or investment fund shares, maintains a register of ownership and acts as paying agent for the payment of dividends and other distributions to investors.
Stock transfer may be: Stock transfer agent , an individual or organisation involved in transferring the name and certificate of one master shareholder of stock to another. Stock transfer (housing) , the process in which ownership of council housing is transferred to a housing association.
When the bearer shares are sold, it is not required to make any transfer inscriptions on the share certificate: The share is transferred by the physical transfer of the certificate from the seller (the bearer of the share certificate) to the buyer. The transfer of the bearer shares means the transfer of the relevant rights to the company.
It’s also easier to transfer ownership of stock shares via electronic certificates vs. physical share certificates. Electronic stock certificates are held by the Central Securities Depository ...
Certificate for a share in Kennet and Avon Canal Navigation, Great Britain, 1808. In corporate law, a stock certificate (also known as certificate of stock or share certificate) is a legal document that certifies the legal interest (a bundle of several legal rights) of ownership of a specific number of shares (or, under Article 8 of the Uniform Commercial Code in the United States, a ...
The surviving shareholders have to submit a request letter supported by an attested copy of the death certificate of the deceased shareholder and the relevant share certificates. The company’s registrar and share transfer agent on receipt of the said documents will delete the name of deceased shareholder from its records and return the share ...
If the template has a separate documentation page (usually called "Template:template name/doc"), add [[Category:South Africa templates]] to the <includeonly> section at the bottom of that page.
The South African law of sale is an area of the legal system in that country that describes rules applicable to a contract of sale (or, to be more specific, purchase and sale, or emptio venditio), generally described as a contract whereby one person agrees to deliver to another the free possession of a thing in return for a price in money.