Transfer agent
Definition
An agent, usually a commercial bank or trust company, appointed by a corporation to keep legal records of all the corporation's stockholders. The transfer agent updates these records when stock is transferred, issued or cancelled.
Definition from Nolo’s Plain-English Law Dictionary
The person or company that handles the paperwork when shares of a corporation's stock are transferred to a new owner.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:26 pm
