Publisher's Synopsis
Excerpt from Legal Aspects of the Transfer of Securities
The transfer agent, on the one hand, is alert to exact from the registered owner all docu ments and proofs reasonably necessary to establish the right to have the transfer made and to afford adequate protection to the cor potation in transferring the security. On the other hand, the registered owner of the security or his representative or agent is actuated solelyby the desire to effect the transfer With a mini mum of inconvenience and delay.
A familiarity with the general requirements and regulations of transfer offices and with the reasons underlying such requirements will greatly promote the efficient handling by in vestment. Banking, and brokerage houses of these transfers. Such an understanding will serve to expedite the desired transfers and thereby promote the best interests of custo mers.
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