In some cases, trustees are allowed to use a signature stamp for convenience and efficiency. However, this practice should be done cautiously and within the legal limits set by the trust document and state laws. It is advisable for trustees to seek legal advice before using a signature stamp to ensure compliance with all relevant regulations.
The appropriate location for the notary stamp is to the side or immediately underneath the notary's signature. The stamp should never be above the signature.
Perhaps a facsimile stamp.
The point of a signature is to indicate the signer's intent and exercise of discretion in making the signature. The mechanics of making the mark are less important. In general, unless a jurisdiction has adopted a statute specifying specific requirements as to how a signature can be made someone can sign a document in many different ways. This includes facsimiles and rubber stamps. The signer can create the facsimile using the stamp or can authorize someone else to use the stamp in the signer's presence. Some feel that using a stamp for a signature is impractical. The stamps could be lost or stolen. This would allow someone possessing the stamp to seemingly sign someone else's signature. However, in the absence of that person's intent and discretion such a signature is probably invalid from a legal perspective. Still, it might be a burden to fix such a situation. Critics of the stamp approach note that signing by hand may even take less time than inking the stamp and applying it to the document. That said, many people and businesses routinely use stamps or other mechanical methods to endorse checks and sign documents. You can read more about this concept in a legal encyclopedia such as 80 Corpus Juris Secundum, Signatures, sections 2 through 7.
In most cases an actual signature is better than a stamp. Stamps can be valid as well.
The stamp goes next to or near the notary's signature. It should NOT cover any text or signature on the document, including the notary's signature and the stupid "notary seal goes here" statement.
To use a stamp for depositing checks, you need to endorse the back of the check with your signature and account number. Then, use the stamp to mark the check as "For Deposit Only" along with your account number. Finally, you can deposit the check at an ATM or through mobile banking.
Most banks have a notary and that guarantees your signature.
A legal signature must be written by hand, not typed.
Yes. Wachovia bank confirmed to me that medallion signature guarantee stamp is available to all account holders.
Absolutely not, that is why if you have already signed a document and you take it to be notorized that the notary ask you to re-sign the document. It clearly states in the legal verbiage, I blank blank certify that I, so and so witnessed the signature or signing of this document. Most importantly, you must find out if the document even had to be notorized. It may have been notorized but it may not even be a legal doc that requires a notary stamp or signature.
To properly use a stamp for endorsing checks, place the stamp on the back of the check in the designated endorsement area. Make sure the stamp includes your signature and any other required information, such as your account number. This helps ensure the check is properly endorsed and can be processed by the bank.