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  • Restriction Removal Request Form - Action Stock Transfer Corporation

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Removal Of Legends Request Form For Restricted Securities Owned By A Non-Affiliate For At Least One Year Shareholder Name Street Address City, State, Zip Code Tax ID/Social Security Number Phone Number.

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How to fill out the Restriction Removal Request Form - Action Stock Transfer Corporation online

Completing the Restriction Removal Request Form correctly is essential for the removal of legends from your stock certificates. This guide provides clear, step-by-step instructions to help you navigate the online process with ease.

Follow the steps to successfully complete the form online.

  1. Click ‘Get Form’ button to obtain the form and open it in the editor.
  2. Enter your full name in the 'Shareholder Name' field accurately.
  3. Complete the 'Street Address', 'City, State, Zip Code' fields with your current address.
  4. Provide your Tax ID or Social Security Number in the relevant field.
  5. Input your contact number in the 'Phone Number' section.
  6. Specify the number of shares for which you request legend removal in the specified field.
  7. Fill in the name of the company related to your stock certificates in the appropriate section.
  8. Indicate the date you acquired the shares by filling in the 'Date' field.
  9. Select one option regarding how you received the shares by marking the corresponding checkbox.
  10. Indicate how you paid for the shares by marking the applicable checkbox.
  11. Affirm that you have not been an affiliate of the company by completing the relevant declaration.
  12. Confirm that you have no material, non-public information about the company.
  13. State whether you believe the company has had significant operations and assets.
  14. Provide your signature to validate the request at the designated area.
  15. Print your name under the signature line and enter the date of submission.
  16. After reviewing your information, save changes, download, print, or share the form as needed.

Ensure you complete your Restriction Removal Request Form online today for a smooth processing experience.

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How to complete a stock transfer form in 10 Steps 1 Consideration money. ... 2 Full name of Undertaking. ... 3 Full description of Security. ... 4 Number or amount of Shares, Stock or other security. ... 5 Name(s) and address of registered holder(s) ... 6 Signature(s) ... 7 Name(s) and address of person(s) receiving the shares.

Only a transfer agent can complete the task of removing a restrictive stock legend. The transfer agent will require an opinion letter from the issuer's counsel or from his or her own lawyer plus 144 papers completed by a broker—stating that the restricted legend can be removed.

The form usually asks for the name on your account, the type of account you want to transfer, account number, the firm where the account is held, and your social security or tax identification number. Be sure you provide this information exactly as it appears on your old account.

Completing a stock transfer form Consideration money. ... Name of undertaking. ... Description of security. ... Number or amount of shares, stock or other security. ... Name of the registered holder(s) ... Signature of transferor(s) ... Stamp of agent(s) acting for the transferor(s) ... Date.

That restrictive legend must come off prior to sale on the public market, and that can only be done by a transfer agent with the consent of the issuer. The consent of the issuer is typically delivered to the transfer agent in the form of an opinion letter from the legal representation of the issuer.

It is possible for a stock transfer form to be validly executed under hand using an electronic signature. A document is generally understood to have been executed under hand if it has been signed by, or on behalf of, the parties to it (rather than executed as a deed).

Action Stock Transfer contact info: Phone number: (801) 274-1088 Website: .actionstocktransfer.com What does Action Stock Transfer do?

This states that registered securities may be transferred by an instrument (in the form of a stock transfer form) entered into under hand (STA 1963, s 1(1)) and it need not be attested (STA 1963, s 1(2)). Practice Notes: Form of transfer of shares and Transfer of shares—law and procedure.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232