Transfer of stock
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Transfer of stock There is a small local savings and loan that is going public. Depositers will get first crack at the available shares. We have a member that can purchase the shares. We want the member to purchase the shares in her name and have them transfered to the club when all is said and done. Both the member and club have the same broker Since clubs can transfer shares to members we assume we can do the reverse? Thanks for any input. Our Club has a member that is 16. Will his assets in the Club hurt him in applying for scholarship aid? Does anyone have the answer to this question? Thanks again for any input? Frank Novotny A.V. Investment Club |
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