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What is an Alternate Payee?

April 26, 2017alternate payee

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What is an Alternate Payee?

1 Answer

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Posted

An Alternate Payee is a distribution address other than a shareholder’s address of record. An Alternate payee might be a blank or brokerage firm. In order to add, change or delete an Alternate payee, please complete the Account Update Form and return it to the Transfer Agent.