Why Small Companies Can Benefit From Using a Stock Transfer Agent in UT

by | Nov 7, 2022 | Financial Services

When small private companies have investors, there are usually not that many and any actual stock activity is quite limited. However, you still need someone experienced in stock transfer to be able to do the job. Instead of relying on an untrained employee or a law firm that will certainly be overpriced, why not use the services of a stock transfer agent? There are many benefits to doing so.

Stock Ownership

When employees own stock, there are certain times when it can be transferred to a different person. To do this, however, requires a great amount of paperwork, and everything must be completely filled out correctly or it will render the stock useless when the time comes to sell it. A transfer agent will have all of the knowledge needed to do this and can make sure that there are no problems in the future.

Lost Certificates

If someone is in possession of physical stock certificates and happens to lose them, they still own shares in that company, but there is a specific process that needs to be followed to replace these certificates. A transfer agent will be able to get this done for you so that you once again have the physical certificate in your hands.

Shareholder Search

If a company has been around for a long time, there may be instances when a shareholder cannot be found but important information needs to be delivered to them. When this occurs, a stock transfer agent can start a lost shareholder search for the company. Please contact Colonial Stock Transfer at https://www.colonialstock.com/.

Latest Articles