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Please, what is transmittees’ right and transmission shares? Does this differ from transfer of share?
Shares most usually change hands through the process of transfer but there are exceptions where transfer is not appropriate
For example, where a member dies and that member used to hold shares in a company. Those shares will now devolve upon the deceased’s heirs
Other example situations where transmission is appropriate are inheritance, the bankruptcy of the member or the marriage of the member wishing to transmit shares to their new spouse
OK?
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