Texas Sample Letter for Assignment and Transfer of Stock Certificate

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Multi-State
Control #:
US-0459LR
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Sample Letter for Assignment and Transfer of Stock Certificate
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How to fill out Sample Letter For Assignment And Transfer Of Stock Certificate?

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FAQ

You have to ensure the investors sign the certificates. You have to keep track of the shares at all times in a ledger book or on a computer. Paper stock could be stolen or lost, requiring replacement. Investors have to obtain certificates from the company's transfer agent, or from their broker, usually for a fee.

Contact your broker to get the appropriate forms to complete. The process will be simpler if the new owner also has or will have an account with the same broker, because no change in the actual registration of the shares will be necessary. The broker will simply make the transfer on its own internal books.

Please sign the back of the certificate exactly as your name appears on the front of the certificate. All owners listed on the front of the certificate must sign the back.

To fill out a stock certificate, you fill in the name of the shareholder, the name of the corporation, the number of shares represented by the certificate, the date, and possibly an identification number. There is also a space for a corporate officer to sign on behalf of the corporation and to affix the corporate seal.

As the owner of a stock, you have the right to assign your shares to someone else, who will be known as the assignee. To transfer your stock, you must sign the back of the certificate, date the transfer, and name the assignee. The term of the sale and the price of the certificate are not written on the certificate.

The endorsement thus records the transfer of the certificated share certificates. The endorsement must be placed either on the reverse side of the share certificate or, if there is not enough space, in the appendix. It is important throughout that each transfer is recorded and signed by the transferor.

This is to inform you that I,???????.. , the Shareholder of ???????..shares in your Company, request you to transfer my ???????? Equity Shares held in the Company for a total consideration of Rs ????????

You can begin with a quick internet search on the company's name. If this doesn't turn up any information, you may consult the corporate registry where the company was registered. You will find this information on the stock certificate, it will usually state ?Incorporated under the laws of??.

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Texas Sample Letter for Assignment and Transfer of Stock Certificate