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Withdrawal /Depositing of Securities from/to Customer Accounts as a Result of Succession
- To enter records of the transfer of ownership as a result of succession, the Registrar must be presented with the following documents:
- The original or a notarized copy of a certificate of inheritance;
- The original or a notarized copy of a certificate of title to a share in the community property of the spouses (if any);
- or, a valid judgment that has been enforced to extend the period for accepting succession and recognizing that the heir (s) has accepted succession as appropriate, where interests of all heirs in the estate are determined;
- Documents for opening a customer account (unless an account (s) has (have) been opened before);
- an agreement or a court decision on the division of estate (if the heirs have decided to divide the inherited estate).
- A record confirming the payment of the Registrar's services.
Please Note!
If the number of heirs is more than one, a customer account of a holder of securities to register a share in the joint ownership of securities will be opened subject to submission to the Registrar of documents to open a customer account by all parties in the joint ownership of securities.