If your client has a certificate registered in his own name, to be a good delivery, the certificate must be accompanied by:

If your client has a certificate registered in his own name, to be a good delivery, the certificate must be accompanied by:



A) the promise that it has not been called for redemption.

B) a buyer's option.

C) the legal opinion, unless the client is selling municipal bonds.

D) a properly-executed assignment to the brokerage firm on the reverse side of the certificate.



Answer: D) a properly-executed assignment to the brokerage firm on the reverse side of the certificate.


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