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Direct Registration Transfer Instructions and Authorization Instructions The Church is now a participant in the Direct Registration System program (DRS). In order for the Direct Registration System
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Direct registration transfer instructions are a method used to transfer securities from one owner to another without the need for a physical certificate.
Any individual or entity looking to transfer ownership of securities using the direct registration transfer system must file the appropriate instructions.
Direct registration transfer instructions can typically be filled out online through a financial institution or transfer agent, providing the necessary details and authorization for the transfer.
The purpose of direct registration transfer instructions is to simplify the process of transferring securities by eliminating the need for physical certificates and allowing for electronic ownership records.
Direct registration transfer instructions must include details such as the security type, quantity, transferor and transferee information, and any necessary signatures.
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