Transfer. The act of placing a certificate of stock or a registered bond in the name of a new
owner. The new owner of a stock which is in receipt of dividends or of a registered bond upon
which interest is paid should have it transferred into his name before the closing of the transfer
books for a dividend or for interest for the check for the dividend or interest will be sent to the
person in whose name the stock or bond stands.
owner. The new owner of a stock which is in receipt of dividends or of a registered bond upon
which interest is paid should have it transferred into his name before the closing of the transfer
books for a dividend or for interest for the check for the dividend or interest will be sent to the
person in whose name the stock or bond stands.
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