TeachMeFinance.com - explain Registrar
Registrar -- A bank or trust company appointed by a company
to keep a record of its stock and to certify that the name,
on the certificate is that of the owner of record.
A registrar acts as a check on the transfer agent (or transfer
office) and certifies when new certificates are issued that
the old ones have been canceled. Thus, there can be no overissue
or duplication of stock.
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