Maryland Stock Certificate Legend - Common Stock

State:
Multi-State
Control #:
US-03033BG
Format:
Word; 
Rich Text
Instant download

Description

Stock Certificate Legend refers to wording found on the front or back of a stock certificate which serves as notice of and a brief explanation of certain restrictions affecting the stock shares represented by that stock certificate.

The reverse side of a stock certificate generally bears a form of assignment, which, when properly executed, transfers title to the stock represented by the certificate.

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FAQ

You can cash them in through the transfer agent of the company with which the stock is owned. Or, you can work with a broker to sell the stock. Research the value of the stock to know whether you are holding on to fortune in cash or simply a pretty, collectible piece of paper.

Stock certificates do not expire. If you have a stock certificate that is extremely old of a company that still exists, that stock certificate is still valid and represents ownership in that company.

Key information on a share certificate includes: Certificate number. Company name and registration number. Shareholder name and address. Number of shares owned. Class of shares. Issue date of shares. Amount paid (or treated as paid) on the shares.

You can cash them in through the transfer agent of the company with which the stock is owned. Or, you can work with a broker to sell the stock. Research the value of the stock to know whether you are holding on to fortune in cash or simply a pretty, collectible piece of paper.

Certificate holders who have a brokerage account may want to ask their broker if they can assist in researching the certificate. Other research resources may be found on the Internet, at public libraries, stock exchanges, or stockbrokers' offices.

Transfer Agent The easiest way is to contact the company and ask it directly. You can usually find the number of the company or the name of the transfer agent on the company's website; generally, publicly listed corporations have an investor-relations link on their sites.

No transfer of ownership will be received and the certificate represents no intrinsic value other than as a collectible.

A legend is a statement on a stock certificate noting restrictions on the transfer or sale of a company's stock.

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Maryland Stock Certificate Legend - Common Stock