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A medallion signature guarantee is a binding warranty, issued by an agent of the authorized guarantor institution, that: (a) the signature was genuine; (b) the signer was an appropriate person to endorse, and (c) the signer had legal capacity to sign. A medallion signature guarantee is not equivalent to a US notarial Acknowledgment. [1]
Nevada, 73 U.S. 35 (1868) declared that freedom of movement is a fundamental right and therefore a state cannot inhibit people from leaving the state by taxing them. In United States v. Wheeler . 254 U.S. 281 (1920), the Supreme Court reiterated its position that the Constitution did not grant the federal government the power to protect freedom ...
A personal guarantee, by contrast, is often used to refer to a promise made by an individual which is supported by, or assured through, the word of the individual. In the same way, a guarantee produces a legal effect wherein one party affirms the promise of another (usually to pay) by promising to themselves pay if default occurs.
License and permit bonds are required by certain federal, state, or municipal governments as prerequisites to receiving a license or permit to engage in certain business activities. These bonds function as a guaranty from a Surety to a government and its constituents (obligee) that a company (principal) will comply with an underlying statute ...
For several decades, various cities and towns in the United States have adopted relocation programs offering homeless people one-way tickets to move elsewhere. [1] [2] Also referred to as "Greyhound therapy", [2] "bus ticket therapy" and "homeless dumping", [3] the practice was historically associated with small towns and rural counties, which had no shelters or other services, sending ...
Each state handles out-of-state transfers differently. Some states like Arizona make it relatively painless — just surrender your old license, pass a quick vision test and pay your fee.
The following letter, signed by representatives of 106 organizations from the Great Lakes and across the U.S., states their opposition to a $182 million conditional loan guarantee to develop ...
The Guarantee Clause mandates that the United States guarantee that all states have a "republican form of government," though it does not define this term. Article Four also requires the United States to protect each state from invasion, and, at the request of a state, from "domestic violence."