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This document serves as an authorization letter for the deposit or DTC transfer of securities to Samaritas. It includes detailed instructions on how to donate mutual funds, stocks, or stock certificates, and provides contact information for inquiries related to the donation process.
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What is letter of authorization?
A letter of authorization is a formal document that grants permission from one party to another to act on their behalf in a specific capacity.
Who is required to file letter of authorization?
Individuals or businesses that need to grant authority to another person or entity for specific tasks, such as handling legal, financial, or administrative matters, are required to file a letter of authorization.
How to fill out letter of authorization?
To fill out a letter of authorization, include the date, the names and addresses of the parties involved, a clear statement of authorization, details on the scope of authority, any specific limitations, and the signature of the person granting authorization.
What is the purpose of letter of authorization?
The purpose of a letter of authorization is to provide a legal document that allows one party to delegate authority and responsibilities to another party, ensuring that the authorized person can perform actions on behalf of the grantor.
What information must be reported on letter of authorization?
The information that must be reported on a letter of authorization includes the names and contact information of both the grantor and the authorized party, the purpose of the authorization, the specific powers being granted, any limitations or conditions, and the signatures of the involved parties.
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