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Stock Transfer Request Form Template for Canada

A Stock Transfer Request Form is a formal document used in Canadian jurisdictions to facilitate the legal transfer of shares from one party (transferor) to another (transferee). This document complies with Canadian federal and provincial securities regulations, including requirements under the Canada Business Corporations Act and applicable Provincial Securities Acts. It captures essential information about the parties involved, details of the shares being transferred, and necessary declarations and warranties, while incorporating relevant regulatory compliance elements specific to Canadian securities law.

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What is a Stock Transfer Request Form?

The Stock Transfer Request Form is a crucial document used in Canadian corporate transactions to execute the transfer of shares between parties. This form is required whenever shares need to be transferred between owners, whether in private transactions, corporate restructuring, estate planning, or market transactions. The document must comply with Canadian federal regulations, including the Canada Business Corporations Act, as well as provincial securities laws. It includes detailed information about the transferor and transferee, specific share details, transfer instructions, and required declarations. The form serves as an official record of the transfer and may be required by transfer agents, corporate registries, and financial institutions to process the share transfer.

What sections should be included in a Stock Transfer Request Form?

1. Transferor Information: Details of the current shareholder including full legal name, address, contact information, and tax identification number

2. Transferee Information: Details of the person/entity receiving the shares including full legal name, address, contact information, and tax identification number

3. Security Details: Information about the shares being transferred including company name, class of shares, certificate numbers, and number of shares

4. Transfer Instructions: Specific instructions for the transfer including whether full or partial transfer and payment details if applicable

5. Declarations and Signatures: Required declarations, warranties about share ownership and authority to transfer, signature blocks for all parties

What sections are optional to include in a Stock Transfer Request Form?

1. Power of Attorney: Section to be included when the transfer is being executed by an attorney or authorized representative

2. Corporate Resolution: Required when the transferor or transferee is a corporation, including authorization details

3. Spousal Consent: Required in certain provinces when transferred shares are matrimonial property

4. Tax Elections: Section for indicating any tax elections being made in connection with the transfer

5. Medallion Guarantee: Section for financial institution guarantee of signature, required for certain high-value transfers

What schedules should be included in a Stock Transfer Request Form?

1. Share Certificate Details: Detailed list of all share certificates being transferred, including certificate numbers and share quantities

2. Supporting Documentation Checklist: List of required supporting documents such as ID copies, corporate resolutions, or tax forms

3. Payment Instructions: If applicable, detailed instructions for payment processing and bank account information

4. Consent Forms: Any required consent forms from third parties or regulatory bodies

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Canada

Publisher

Ƶ

Document Type

Stock Transfer Form

Cost

Free to use

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