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Nominative action

Term meaning Nominative action

a share issued in the name of a well-defined person and registered in the share register book on the data of this shareholder In the event of a sale or transfer of a share to another person, the shareholder must sign on the reverse side of such a share, which means that he waives the rights of the holder of this share. The international terms for this transfer action are endorsement, giro.

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