Proper Registration formats
(in accordance with the Securities Transfer Association Guidelines)
1. Broker holds securities for customers of the firm.
PRUDENTIAL SECURITIES INC (INCORPORATED)
2. Financial institution holds shares for customers in Nominee name.
CUDD & CO
BLOCK & CO
GLYNS NOMINEES LIMITED
3. Two or more partners hold shares in a PARTNERSHIP.
DOLLAR INVESTMENT CLUB A PARTNERSHIP.
MILLER & JONES
4. Individual ownership.
JOHN BROWN
MARY BLACK
5. Joint ownership.
• Joint Tenancy – Form of ownership where two or more individuals hold shares as joint tenants with right of survivorship. When one tenant dies, the entire tenancy remains to the surviving tenants.
JOHN BROWN & MARY BROWN JT TEN.
• Tenants by the Entirety – Recognized by certain states as an appropriate form of registration for two individuals who are married to each other. When one tenant dies the property passes to the survivor.
MELVIN JONES & GRACE JONES TEN ENT.
• Tenants in common – Form of ownership where each tenant owns an undivided interest. When one tenant dies, his interest passes to his estate.
MELVIN SMITH & NANCY SMITH TEN COM.
• Community property – Form of ownership required by states that have adopted community property laws for shares owned by husband and wife.
JOHN BROWN & MARY BROWN COMMUNITY PROPERTY.
6. Form of registration of fiduciaries.
Estate representatives who are appointed by the court would register stock in the following manner depending on whether they were appointed executor under a will or administrator when there was no will.
• JOHN BROWN EX U/W MARY JONES.
• JOHN BROWN ADM EST MARY JONES.
• FRANK PARIS PERSONAL REPRESENTATIVE OF THE ESTATE OF ARTHUR PINK.
(Louisiana only)
• SUSAN BROWN USUFRUCT JOHN BROWN & MARY WILSON NAKED OWNERS.
7. Form of registration for life tenancy.
JOHN SMITH LIFE TENANT U/W MARY SMITH.
8. Forms of registration for fiduciaries appointed by the court to act for persons deemed impaired.
• SALLY GREEN CONSERVATOR FOR ROBERT SMITH.
• THOMAS ADAMS GUARDIAN FOR JOHN BROWN.
• JOHN DOE CONSERVATOR OF THE PERSON AND ESTATE OF HARRY DOE.
• FIRST NATIONAL BANK GUARDIAN OF THE ESTATE OF JOHN DOE SALLY GREEN AND JOHN DOE COMMITTEE MARY JONES.
9. Forms of TOD registration.
• JOHN DOE TOD JANE SMITHSUBJECT TO STA TOD RULES.
• ADAM JONES & MARY BROWN JT TEN TOD ROBERT SMITH SUBJECT TO STA TOD RULES.
10. Forms of custodial registrations.
• MILTON GREEN CUST NANCY GREEN UNDER UNIF GIFTS TO MINORS ACT CA.
• GEORGE GRIFFIN CUST PATRICIA BROWN UNDER UNIF TRANSFERS TO MINORS ACT OF NY.
• MELVIN JONES CUST NANCY JONES UNDER THE MISSOURI TRANSFERS TO MINORS LAW.
• ABC BANK AGENT FOR JOHN DOE UA DTD 09–20–80.
• ABC BANK TRUSTEE JOHN DOE IRA DTD 06–17–88.
11. Forms of Living Trust Registrations.
• JOHN DOE TRUSTEE U/A DTD 07–01–91 JOHN DOE TRUST.
• ROBERT COHEN & MARY SMITH TRUSTEES U/A DTD 07–09–91JOHN BROWN REVOCABLE TRUST.
• SALLY GREEN TRUSTEE U/A DTD 03–04–91 RUTH BROWN IRREVOCABLE TRUST.
• JOHN BROWN TRUSTEE U/A DTD 02–03–91 NANCY SMITH LIVING TRUST F/B/O MARK SMITH.
• THOMAS WATSON TRUSTEE U/A DTD 04–03–91 RUTH BENSON MARITAL TRUST.
• THOMAS DOE TRUSTEE U/A DTD 04–03–91 MELVIN JACKSON LIVING TRUST.
• CALVIN DOE TRUSTEE U/A DTD 06–28–91 DOE FAMILY TRUST.
• MELVIN JOHNSON TRUSTEE U/A 10/26/91 PATRICIA JOHNSON TRUST M/B MELVIN JOHNSON.
• JOHN DOE TRUSTEE U/A 07–01–91 F/B/O JANE DOE.
• MARK BROWN TRUSTEE U/A DTD 04–12–91 M/B JOHN DOE.
• BILL SMITH TRUSTEE UNDER DECLARATION OF TRUST DTD 06–05–91.
• MARK BROWN TR U–A DTD 05–15–91 JANE DOE TRUST & PETER SMITH TR U–A DTD 06–03–91 KATHY DOE TRUST TEN COM AV-2.
12. Forms of Trusts created under a will. “TESTAMENTARY TRUST”
• JANE DOE TRUSTEE U/W JOHN DOE.
• MARY BAKER TRUSTEE U/W JOHN DOE F/B/O PHIL SMITH.
• JOHN BROWN TRUSTEE U/W SUSAN GREENE JOHN BROWN.
• JOHN BROWN TRUSTEE U/W MARY BROWN TRUST.
• JOHN BROWN TRUSTEE U/W SAMUEL NEVINS F–B–O ERIC BROWN.
• JOHN BROWN TRUSTEE U/W MARY BROWN RESIDUARY TRUST.