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Business, 10.12.2019 22:31 Arealbot

Company a does not employ an independent stock transfer agent, but rather issues its own stock and maintains its stock records. when outstanding shares are transferred from one holder to another, the certificate of the selling shareholder should be:
a. canceled (generally by perforation) and attached to the certificate book.
b. destroyed to prevent fraudulent reinsurance.
c. retained by the selling shareholder.
d. sent to the state's registrar of investment securities.

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