Transmittal letter

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Transmittal letter

A letter describing the contents and purpose of a transaction delivered with a security that is changing ownership.

Transmittal Letter

A letter describing a transaction of a security. That is, a transmittal letter states the nature of a trade and the number of shares contained therein. A transmittal letter is sent with security certificates when they change ownership.
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Following effectiveness of the reverse stock split, stockholders will receive transmittal letters to be used to exchange their existing stock certificates for cash in lieu of fractional interests or for new stock certificates representing the number of post-split shares of common stock into which their pre-split shares will be converted, as applicable.
Members also can access the revised chapters and related HUD transmittal letters that further describe the issuance of Chapters 3 and 4 by visiting www.
Explain use of roads, utilities, and support facilities in your transmittal letters
Policy transmittal letters from brokers to their clients often contain "boilerplate" language, the purpose of which is quite evident: Reduce E&O claims
The IRS recommends the employer keep copies of the form, transmittal letters and any other documentation related to the tax credit for three years after claiming the Credit on a tax return.
The Florida rule could be seen as a clever attempt to advertise the licensed accountants (CPAs) in non-licensed transmittal letters that are paid for by the non-licensed accountant and business customer.
Following the reverse stock split, stockholders will receive transmittal letters in the mail to be used to exchange their existing stock certificates for new stock certificates representing the number of shares of common stock into which their shares will be converted as a result of the reverse stock split and any cash payment to which they may be entitled in lieu of any fractional share.
Improvements desired: Improved manuals, ability to reprint 1040 organizer, improved customization of transmittal letters, extension of tax review system to business products, quicker updates, increased speed, ability to view output on screen, increased sophistication of diagnostics.
This term ('report') does not include cover letters or transmittal letters attached by an unlicensed person to a financial statement prepared by such person if such cover letter or transmittal letter does not substantially employ language conventionally used by licensees in reports respecting audits, reviews or compilations of financial statements and if the word 'report' does not appear in any place on such cover letter or transmittal letter.
Prospect will distribute shortly to Prospect stockholders of record transmittal letters with instructions regarding delivery of their shares to the paying agent in exchange for payment of the cash merger consideration.
Shareholders that have not already done so should submit their share certificates to Datec's transfer agent, Computershare Trust Company of Canada, together with the transmittal letters that were sent to shareholders with the Management Information Circular.
Firms seldom use the computer to type transmittal letters, do billings and perform other tasks using the database it builds as it processes tax returns.