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Eq Shareholder Stock Power Form

Category:
Contracts - Buy Sell - Shareholders and Stock
State:
Multi-State
Control #:
US-03115BG
Format:
Word; 
Rich Text
Instant download
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Description

A corporation whose shares are held by a single shareholder or a closely-knit group of shareholders (such as a family) is known as a close corporation. The shares of stock are not traded publicly. Many of these types of corporations are small firms that in the past would have been operated as a sole proprietorship or partnership, but have been incorporated in order to obtain the advantages of limited liability or a tax benefit or both.


A buy-sell agreement is an agreement between the owners (shareholders) of a firm, defining their mutual obligations, privileges, protections, and rights. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

What Documents are required for share transfer ?Income Tax PAN of both the transferee and the transferor.Passport size colour Photo of both the transferee and the transferor.Aadhaar Card or Electricity Bill or Passport or Driving License or Voter ID Card of both the transferee and the transferor.More items...

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.

How to complete a stock transfer form in 10 Steps1 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.More items...?

Instruct your broker/dealer to electronically move your securities from your account at EQ Shareowner Services using the Direct Registration Profile Modification System. Request a physical certificate from EQ Shareowner Services and deliver the certificate to your broker/dealer to sell.

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I am NOT a current Southern Company shareholder. Is EQ Shareowner Services.How do I enroll in the dividend reinvestment plan? Shareowners wishing to transfer stock should send their written request, stock certificate and other required documents to: EQ Shareowner Services If you hold your stock through a broker, you are an indirect shareholder.

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