Transfer Procedures
网友投稿• 2022-01-05 16:09:38 •阅读56
The procedure by which ownership of a stock moves from one party to another. The transfer agent follows a detailed, documented series of steps governed by the SEC to ensure that a transaction has been completed.
Taobiz explains Transfer Procedures
The transfer agent has record of the personal details of an owner of a share. And when a share's ownership changes, the transfer agent cancels the stock certificate of the seller and makes a new stock certificate for the buyer.
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