Stock Transfer Power Form Within
Description
How to fill out Corporation - Transfer Of Stock?
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FAQ
1) Keep the stock power blank, except for date and signature(s). 2) Sign name(s) exactly as it (they) appear(s) on the stock certificate. 3) Send separate stock power for each security donated.
Stock power is a legal power of attorney form that transfers the ownership of certain shares of a stock to a new owner. A stock power transfer form usually is only required when an owner opts to take physical possession of securities certificates, rather than holding securities with a broker.
Despite there being no legal requirement, some people nonetheless choose to have signatures notarized or witnessed just in case there should later be a dispute about whether someone actually signed the document.
Complete page one of the Stock Power Form, and then complete a separate page two for each new account. Each completed form will need to have the exact number of shares (not a percentage), the full registration, address, and Social Security Number (SSN) or Employer Identification Number (EIN) for each new account.
Stock power is a legal power of attorney form that transfers the ownership of certain shares of a stock to a new owner. A stock power transfer form usually is only required when an owner opts to take physical possession of securities certificates, rather than holding securities with a broker.
