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In corporate law what does a stock certificate for?
A stock certificate is a legal document. It certifies ownership in a certain amount of shares of a corporate stock. Electronic registration is phasing out the stock certificate and companies are no longer required to issue a paper certificate.
Why are corporate stock certificates important?
A stock certficate is a legal document that signifies the number of shares owned by a shareholder in a corporation. A stock certificate is also known as share certificate or certificate of stock.
Is the general term for a certificate of ownership issued by a corporation a Security?
Stock Certificate.
If you buy stock do you always get a certificate?
No, electronic trading has mostly replaced the stock certificate. However, for many companies, you can still get a certificate.
How do you fill in the back of a stock certificate?
You should contact the company that you are depositing shares with to ensure proper procedure-especially if the names on the certificate do not match the account name exactly. Generally, all parties on the certificate, should sign the certificate with their names exactly as it appears on the front of the certificate and date it. To ensure it is deposited in your name, you should also complete the middle of the certificate where there is a line "I do hereby irrevocably constitute and appoint __________ as attorney to transfer." In the blank fill out the name of the brokerage firm or transfer agent that you are submitting your shares for deposit to. No other areas need to be completed. Some people also suggest completing a stock power of attorney form and mailing it separetely from the certificate. On a stock power, you would list the security and number of shares the certificate represents and sign it exactly as names appear on the actual certificate. Before mailing, you should always make a copy of the certificate. This way you have record of all the information in case of loss or theft.
My mother recently discovered a stock certificate that is listed in my deceased fathers name We found the value and are interested in selling the stock How does one go about selling it?
If your mother and father were married at the time of his death, I believe she can take the stock certificate (along with the death certificate & will) to a brokerage, like Charles Schwab. You would have to fill out forms authorizing the transaction and pay a commission for the sale. To find a branch in your area and get more information about Schwab's requirements, see the related links.
How can I get a stock certificate?
The corporation you are holding stock in issues stock certificates, and you can get your certificate either directly from the issuing corporation, or by contacting your broker who may get the stock certificate on your behalf. Before online brokers and personally-directed accounts, holding a physical stock certificate was a necessity, as this was the only way to authenticate stock ownership. This is not the case anymore. Currently, stock certificates are seen more as collectibles and souvenirs than actual records of ownership.
What forms of a stock certificate are there?
Stock certificates are generally divided into two forms: registered stock certificates and bearer stock certificates. A registered stock certificate is normally only evidence of title, and a record of the true holders of the shares will appear in the stockholder's register of the corporation. A bearer stock certificate, as its name implies is a bearer instrument, and physical possession of the certificate entitles the holder to exercise all legal rights associated with the stock.
In corporate law what does a stock certificate represent?
A stock certificate represents ownership of a specific number of shares in a corporation. It serves as a physical document to show proof of ownership of the shares. The shareholder's name, the number of shares owned, and other relevant details are typically included on the stock certificate.
What is a certificate of ownership in a corporation?
A certificate of ownership in a corporation can be either a stock or share, depending on how you buy in and how the corporation is set up.
What is a stock certificate?
In legal jargon, a stock certificate is a document that certifies ownership of a specific number of stock shares in a corporation. Usually only shareholders with stock certificates can vote in a shareholders' general meeting. Sometimes a shareholder with a stock certificate can give a proxy to another person to allow them to vote the shares in question.
How do you get a certificate if you boutht a buildabear?
There are usually computers in the store where you can fill in a birth certificate and print it out.
