To correctly transfer shares of stock, a physical delivery from the owner of the shares directly to the transferee is required.

Question

Quizplus · Accepted Answer

While physical delivery of certificates was required in the past, most stock transfers now occur electronically through brokerage firms or transfer agents. Electronic transfers are more efficient and secure, and reduce the risk of loss or theft of physical stock certificates.

To Correctly Transfer Shares of Stock, a Physical Delivery from the Owner