Acknowledgement Letter Processing Clause Samples

Acknowledgement Letter Processing. Investors responding to the Acknowledgement letters and claiming the property will be required to submit supporting documentation for any ownership changes. The returned Acknowledgement letters will be reviewed for proper investor identification, correct supporting documentation, and signatures. Addresses will be updated in IR20/20 when all requirements have been met. If a transfer of property is requested by the investor, a $50 transfer request fee will be payable to us by the Investor. ACS Securities Services will retain all transfer request fees whether or not a transfer is completed.