| Commentary

176 Form of transfers

| Commentary

176 Form of transfers

A transfer of shares need not be by deed but may be under hand, unless the articles expressly so provide. Articles usually provide that a transfer shall be in the usual common form. The means of transfer required by the articles is chiefly of importance when blank transfers (that is, transfers executed by the transferor with blanks left for the name of the transferee) have been deposited by way of security, and a party wishes to enforce the security by inserting the name of a particular transferee in the space provided on the transfer form. In

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