Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are joint holders of accounts allowed to nominate?

April 26, 2017accounts allowed HOLDERS Joint nominate

0

Posted

Are joint holders of accounts allowed to nominate?

1 Answer

0

Posted

Nomination for joint holders is permitted, however in the event of death of any of the holders the shares will be transmitted to the surviving holder’s name. In the case of death of all holders the securities will be transmitted to the nominee account.