Transfer Agent Legal Meaning and Definition

Here is a simplified definition of the legal term Transfer Agent.

Transfer Agent (noun)

A transfer agent is a person, group, or business hired by a corporation to manage transactions related to the company's securities. Their tasks often include the transfer of stock ownership, registration of stock certificates, and maintaining records of transactions and stockholders. This role is critical in public companies where shares of stock frequently change hands. A transfer agent ensures that all transactions are completed legally and accurately.