Most large corporations employ the services of a stock transfer agent for the purpose of

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Quizplus · Accepted Answer

A stock transfer agent is responsible for maintaining the shareholder records, including managing the issuance and transfer of stock certificates, processing dividends and other shareholder benefits, and handling shareholder inquiries. While they may also assist with ensuring compliance with relevant securities laws, their primary function is to manage the company's ownership records. Recording share capital in the accounts and issuing shares for the company are typically handled by the company's finance and legal departments, rather than the transfer agent.

Most Large Corporations Employ the Services of a Stock Transfer