What are the functions of the registrar, the transfer agent, and the dividend-disbursing agent?
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total answers (1)
total answers (1)
Accounting
- The registrar is responsible for ensuring that all stock issued is in compliance with the corporate charter and for maintaining control totals for total shares outstanding.
- The transfer agent is responsible for preparing stock certificates and maintaining adequate stockholders' records.
- The dividend-disbursing agent prepares and mails dividend checks to the stockholders of record.
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