What is a Signature Medallion Guarantee?
This is required to guarantee the signature of the registered shareholders whenever stock is transferred to a new registration. Make sure all registered holders (currently listed on the certificate) sign the back of the stock certificate or a Stock Power form. Have the signature(s) guaranteed by a participant in an approved Medallion Signature Guarantee Program. Most major banks and brokerage firms are members of this program. There usually is no charge for this service at your bank. The signature of a notary public is not acceptable.
This is required to guarantee the signature of the registered shareholders whenever stock is transferred to a new registration. Make sure all registered holders sign the back of the stock certificate or a Stock Power form. Have the signature(s) guaranteed by a participant in an approved Medallion Signature Guarantee Program. Most major banks and brokerage firms are members of this program. There usually is no charge for this service at your bank. The signature of a notary public is not acceptable.
