Registered security

A document that is indispensable for the transfer of the documented right. These include – the recta papers (instruments not to order:
registered securities (in the narrower sense); these are generally made out to a specific person designated by name in the security and can only be transferred by assignment and surrender or by inheritance, and – order securities (instruments to or), which are made out to a specific person or to his order; they are transferred by endorsement. – See share, mansipation, deed of transfer.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
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