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A power of attorney that allows a person to transfer ownership of stock. Stock powers are commonly used in secured lending transactions. If certificated securities owned by a borrower are collateral in a loan transaction, a stock power is delivered to the secured party along with a stock certificate.
A J30 form is used to pay Stamp Duty on your shares. The buyer will need to pay Stamp Duty when they buy shares through a stock transfer form and the transaction is over 1,000.
HMRC do not issue stock transfer forms, but you can get a stock transfer form from people such as a: broker or company registrar. lawyer or an accountant who deals with share transfers.
A stock power to be delivered to the buyer with a stock certificate when certificated securities owned by a stockholder are sold in a stock acquisition. When completed and signed, the stock power transfers the ownership interest in the securities represented by the stock certificate from the stockholder to the buyer.
A stock certificate is a legal document that certifies the legal interest (a bundle of several legal rights) of ownership of a specific number of shares (or, under Article 8 of the Uniform Commercial Code, a securities entitlement or pro rata share of a fungible bulk) or stock in a corporation.