Table of Contents
- 1 What can I do with actual stock certificates?
- 2 Can I cash in old stock certificates?
- 3 What is the point of a stock certificate?
- 4 Are paper stock certificates worth anything?
- 5 What happens if you don’t have stock certificates?
- 6 What happens if I lose my stock certificate?
- 7 How can I get a stock certificate for my stock?
- 8 Is the new General Motors the same as the old GM?
What can I do with actual stock certificates?
Take the certificate to a notary public, and sign it in the notary’s presence. Send the stock certificate to the transfer agent by certified mail along with any required documentation of your ownership rights.
Can I cash in old stock certificates?
Not anyone can cash in a stock certificate. Most stocks are issued to an individual, but they do transfer to heirs. In this case, the transfer agent will tell you that you need to provide a probated will if you inherited the certificate.
How do I sell stock with a certificate?
You can sell your shares directly to the transfer agent. If you have possession of the stock certificates, you’ll need to sign them and send them to the transfer agent, along with whatever paperwork the agent needs. You’ll probably have to include a fee, although some agents may perform this service for free.
What is the point of a stock certificate?
A share certificate, also known as a stock certificate, is a documented proof of shareholding in a company. It can be a physical document or an electronic one, issued to a shareholder and signed on behalf of the corporation. This certificate is legal proof of ownership of a certain number of company shares.
Are paper stock certificates worth anything?
Old stock certificates shouldn’t be simply thrown away. They can still have value if they represent an existing or merged company, or if they are valued as collectibles. If the stock has split over the years, the amount listed might not be the amount your certificate is worth.
Do you need share certificates to sell shares?
“Can I sell shares without a certificate?” is a question many shareholders end up asking themselves. The answer is no because the certificate needs to be endorsed to be sold, but you can get your paper certificate reissued.
What happens if you don’t have stock certificates?
If an investor does not have or loses their stock certificate, they are still the owner of their shares and entitled to all the rights that come with them. If an investor wants a stock certificate, or if it is lost, stolen, or damaged, they can receive a new one by contacting a company’s transfer agent.
What happens if I lose my stock certificate?
If your securities certificate is lost, accidentally destroyed, or stolen, you should immediately contact the transfer agent and request a “stop transfer” to prevent ownership of the securities from being transferred from your name to another’s. Otherwise, you may have difficulty selling the securities.
What to do with ” old ” GM stock?
The Chapter 11 bankruptcy will continue until what remains of the old GM — any other assets and liabilities that were not transferred to MLC — are dissolved. ”Stock held in the old GM is now stock in Motors Liquidation Company. Motors Liquidation Company and the “new” GM are separate entities,” Marchesi said.
How can I get a stock certificate for my stock?
There are several ways you can get your certificate. The first, and most obvious way, is to go directly through the company and ask to have a physical certificate mailed directly to you. But the easiest way to get one is to ask your broker. Be aware, though, that this request usually comes with a fee.
Is the new General Motors the same as the old GM?
Motors Liquidation Company and the “new” GM are separate entities,” Marchesi said. He said the new GM — General Motors Company — currently has no stock or bonds owned by the public. Moreover, none of the stock or bonds currently held in Motors Liquidation Company (the old GM) will become securities of the new GM, he said.
What is the stock price of Motors Liquidation Company?
Marchesi said Motors Liquidation Company (the old GM) stock is currently trading at 93 cents a share under the symbol MTLQQ. But in the beginning of July, Motors Liquidation Company told investors that there most likely will be no value for its common stockholders in its bankruptcy liquidation process.