What is Paperless Legals?
Paperless Legals eliminates the need for supporting documentation to accompany certain legal securities transfer requests by establishing a policy that the transfer agent will accept without the supporting documentation original requests to transfer or redeem accounts that are signed, include the capacity of the signer, and are STAMP 2000 Medallion guaranteed. This is because the transfer agent is able to rely upon the warranties provided by the Guarantor in supplying the STAMP 2000 Medallion that the Guarantor has examined the appropriate documents to establish the identity and legal capacity of the signer. Virtus adopted the Paperless Legals Policy effective April 1, 2009. Please contact Mutual Fund Services at 1-800-243-1574, Monday-Thursday, 8:30 a.m. – 6:00 p.m. ET or until 5:00 p.m. on Friday for more information.
