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Co agent

The financial definition for Co agent:

An institution appointed by the issuer as co-transfer agent accepts and transfers certificates and sends daily activity journals to the primary record-keeping agent. A co-agent does not maintain security holder records, but is used to facilitate the transfer of stock in a geographic region not easily accessible to the issuer or its principal transfer agent.




Similar Matches

Agent

Agent
The decision-maker in a principal-agent relationship.


Dividend Disbursing Agent

Dividend Disbursing Agent
A commercial bank or financial institution that disburses dividend to the securityholders. Usually a Transfer Agent is also the Dividend Disbursing Agent.


Information Agent

Information Agent
Agent whose primary task is to disseminate and explain the details of capital transactions.


Further Suggestions

Insurance agent
Paying agent
Principal agent relationship
Transfer agent
Uniform securities agent state law examination


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Co agent
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