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Simple English definitions for legal terms

stock/bond power

Read a random definition: audit privilege

A quick definition of stock/bond power:

Stock/Bond Power: A legal document that allows someone other than the owner to transfer ownership of a security, such as a stock or bond, to a third party. This document is also known as a stock power and is used to authorize the transfer of ownership without the need for the owner to be present.

A more thorough explanation:

Definition: A legal document that allows someone other than the owner of a security to transfer ownership of that security to a third party. It is also known as a stock power or bond power.

Example: Let's say John owns 100 shares of Apple stock. He wants to sell those shares to his friend, but he can't be present to sign the necessary paperwork. John can use a stock/bond power to give his friend the authority to sign the paperwork on his behalf and transfer ownership of the shares to him.

Explanation: A stock/bond power is a useful tool for transferring ownership of securities when the owner is unable to be present to sign the necessary paperwork. It allows someone else to act on the owner's behalf and complete the transfer of ownership. In the example above, John uses a stock/bond power to give his friend the authority to sign the paperwork and transfer ownership of the Apple stock to him.

stock bailout | stock bonus plan

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Dkk
13:29
I'm at your mommas house rn: https://x.com/Mansavelli_/status/1648073454665572352
triplethread
13:29
im addicted to reacting to all of the decisions
triplethread
13:29
with the emojis
HopefullyInLawSchool
13:29
I shop at Joe
HopefullyInLawSchool
13:29
Joe's
glovediedthisishismom
13:30
i shop at tawget
glovediedthisishismom
13:30
im dawk gawthic maga
triplethread
13:30
i shop at giant eagle
ForDizzyDJoy
13:31
How did i miss Fordham and American’s wave and I applied in september 🙃
13:33
Lol UC Davis took me of ED and put me in RD
13:34
surprised I didnt get straight denied
HopefullyInLawSchool
13:34
they emailed you/
HopefullyInLawSchool
13:34
?
13:35
@HopefullyInLawSchool: Yea, I just got it
i just want a cornell ii :(
13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
13:53
i just wanna rock
glovediedthisishismom
13:53
bodyadaya
13:53
let it rock
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