Thus, there are occasions when stockholders are not issued their stock certificates
even if they've paid for their stocks, or deeds of transfer or donation of stocks in their favor have been sent to the corporate secretary.
said Tuesday that it will stop issuing the paper stock certificates
to shareholders on Oct.
A stock certificate
has important legal significance Generally speaking, it can be endorsed and transferred from one person to another.
The new Stock Works Version 7.0 is an affordable software solution for the small business corporation for efficiently tracking stockholders and stock certificates
and providing many useful reports as well as giving you the option of exporting data and creating your own custom reports.
No stock certificates
will be issued until that point and thus the shareholders are locked into their purchase until that time.
XYZ prepared a stock certificate
and a check for each participant receiving a distribution.
It is no longer necessary for the lender to take possession of the stock certificate
or proprietary lease in order to perfect its security interest (8.8 was the case under the prior versions of the law).
Have the brokerage firm send the stock certificate
directly to the club's treasurer via certified mail.
Bank, my 401(k) was rolled over into an IRA stock certificate
," says Myra.
While every other sale and stock certificate
transaction is neatly detailed in the minutes, a shareholder concerned about the insider trading realized the board president's transactions are absent.
When a shareholder in a cooperative sells his unit, yet cannot locate the stock certificate
and/or lease, the typical procedure is to ask him to sign a lost stock affidavit, which states that he misplaced the documents and that no lender has an interest in the unit.
Each unit owner turns over the propriety lease and stock certificate
and gets a deed for their unit.