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The pledger may affix his/her specimen seal on the receipt of cash dividend to claim the accrued interest pursuant to laws. The check may be changed to be in favor of the pledger. When the stock dividend is distributed, it is still necessary to indicate the shareholder's name and the stock dividend shall be claimed by the pledger. Where the pledger wishes to transfer the shares subject to the accrued interest, he/she shall acquire the endorsement of the beneficiary at first.
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In the event of pledge under central depository, the application for written consent for accrued interest shall be filed at the pledger's place and then be transferred by the securities supplier to the central depository company. Upon its confirmation of the seal, the central depository company will transfer the application to the division in charge of stock affairs for checking the central depository chop before proceeding with the following movements. In the event of pledge under negotiable shares, after the shareholder acquires the written consent via the pledger, the consent shall be submitted to the division in charge of stock affairs to check the validity of the seal. After that, the shareholder may claim the dividend on the ground of the dividend warrant affixed with the original specimen seal.
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