Series 53: Condition Of Certificates

Taken from our Series 53 Online Guide

Condition of Certificates

A seller may not deliver a certificate in which any of the following information is not legible: name of issuer, par value, signature, coupon rate, maturity date, or certificate number. Such a certificate may only constitute good delivery if it is validated by an authorized agent. A validation letter can only be authorized by the trustee, registrar, transfer agent, paying agent, or issuer of the securities.

Since you're reading about Series 53: Condition Of Certificates, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 53
Please Enable Javascript
to view this content!