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STOCK POWER 1. FROM CURRENT OWNER(S) Account No. Tax ID (SSN) Phone No. Transfer ALL shares of Southern Company common stock OR; (specify number) shares of common stock of Southern Company, represented
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What is stock power signatures medallion?
Stock power signatures medallion is a legal document that certifies the transfer of ownership of stocks or securities from one party to another. It is typically required by financial institutions or brokerage firms as proof of the transfer.
Who is required to file stock power signatures medallion?
The party or parties involved in the transfer of ownership of stocks or securities are required to file stock power signatures medallion. This typically includes the seller, buyer, and any authorized signatories or representatives.
How to fill out stock power signatures medallion?
To fill out stock power signatures medallion, you will need to provide the necessary information including the names of the parties involved, the details of the stock or securities being transferred, and the required signatures. It is recommended to consult with a financial institution or brokerage firm for specific instructions and any additional documentation that may be required.
What is the purpose of stock power signatures medallion?
The purpose of stock power signatures medallion is to legally authorize and document the transfer of ownership of stocks or securities. It ensures that the transfer is valid and can be recognized by financial institutions and other parties involved in the transaction.
What information must be reported on stock power signatures medallion?
The information that must be reported on stock power signatures medallion includes the names of the parties involved, the details of the stocks or securities being transferred (such as the symbol or identification number), the quantity or amount being transferred, and the required signatures to certify the transfer.
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