A stock transaction that requires special documentation in addition to standard stock or bond power to be legally valid.
the voluntary transfer of something (title or possession) from one party to another
Transfer of securities, which require special documents because they involve the settlement of estates of deceased shareholders, trust accounts, or corporation holdings.
A transfer of securities that requires special documentation. A legal transfer typically involves a minor child, the settlement of an estate of a deceased shareowner, trust accounts or the holdings of a corporation.
Transfer of securities registered in the name of decedents, fiduciaries, trusts, bankruptcy, corporation, partnership, clubs, institutions, etc. Transfer of items which are not generally recognized as good delivery items.
A type of transfer that requires legal documentation in addition to the normal forms. Usually in the name of a deceased person, a trust, or other third party.
Securities that require more documentation than just a stock or bond power to transfer the certificates from the seller to the buyer. Among others, these certificates may be registered in the name of trusts, decedents, corporations, partnerships, or investment clubs. A corporation who has sold a stock, for example, would need to submit a corporate resolution with a raised seal along with a stock power. See: Bond Power; Corporate Resolution; Stock Power; Transfer
