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Legal Transfer
(redirected from Legal Transfers)

   Also found in: Dictionary/thesaurus 0.01 sec.
Legal transfer
A stock transaction that requires special documentation in addition to standard stock or bond power to be legally valid.

Legal Transfer
The transfer of a security that requires extra documentation. For example, the sale of a security by the estate of a dead person may require the executor of the estate or someone else to submit a death certificate in addition to the security's own certificate. In this case, legal transfer ensures that the executor has not stolen the security from the deceased.

legal transfer
The transfer of a registered security when more than an endorsed bond or stock power is required for legal change of ownership. For example, transfer of securities registered to a deceased person usually requires submission of a death certificate.


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As this is the final stage of regulatory approval, Cargill and Degussa can now proceed with the necessary financial and legal transfers in order to complete the acquisition.
Irace said the only way Golden Valley can make up ground is to tighten the transfer rules - and to make sure legal transfers due to residences changes are really legal.
In New York, as well, emergency and various medical or legal transfers are not included in the reported number of trips made for those purposes.
 
 
 
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