Transfer Agent

A transfer agent keeps a record of the name of each registered shareholder, their address and the number of shares owned, and ensures that the certificates presented for transfer are properly cancelled and that new certificates issued in the name of the new owner. Usually, one entity provides these services as well as the services of a registrar.

See Registrar and Transfer Agent.

• Related Articles

• Transfer Restrictions

  Transfer restrictions are terms that prevent the transfer of securities. They can be required by any of the following: Statute (such as the hold period restrictions required for some securities acquired pursuant to a private placement exemption). ...

• Transfer Register

  The register of transfers is a minute book document that sets out, in chronological order, relevant information relating to transfers of a corporation’s securities among its shareholders. No information about securities issuances is set out in the ...

• Person

  Reference to a person can include an individual, partnership, unincorporated association, unincorporated syndicate, unincorporated organization, trust, trustee, executor, administrator or other legal representative.

• Intellectual Property (IP)

  Intangible products of human intellect from which ownership (title) and other legal rights can arise. Certain categories of IP that are protected under Canadian law are patents, copyrights, trademarks, industrial designs and trade secrets.

• Partnership

  The relationship which subsists between two or more persons carrying on business with a view to profit. In Canada, a partnership is not a separate legal person like a corporation. Partnerships are governed by the laws of the jurisdiction in which ...