A Signature Guarantee is necessary when there is a name change or if a stock or security owner wants to sell or transfer title to someone else.
The guarantor (the credit union) guarantees that the signature is actually that of the owner of the stock and that the person signing the document has full power to transfer or dispose of the stock as he or she wishes.
The guarantee protects the transfer agent from fraud in such a transfer.
This service is reserved for members only.
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