Custodian Changes
Transfers involving a change in custodian, usually a qualified plan custodian (ie: Merrill Lynch Custodian FBO Dean Cash IRA to Prudential Securities Custodian FBO Dean Cash IRA).
Charge to transferring investor: $10.00.
Re-Registrations
Transfers involving a re-registration of units from one type of account to another type utilizing the same tax ID number (ie: Individual to Joint account) and TOD. Excludes transfers to trust accounts.
Charge to transferring investor: $50.00.
Resales
Transfers involving a sale of units from one registration to a new registration (Includes price per unit paid to seller).
Charge to transferring investor: $50.00.
Transfers by Rule of Law
Transfers involving legal documents such as death, divorce, dissolving pension plan or profit sharing plan and bankruptcy.
Charge to transferring investor: $50.00.
Other Transfers
Transfer involving name changes, transfer to trust, gifts, re-registrations to a new tax ID number.
Charge to transferring investor: $50.00.
MEDALLION® Signature Guarantee
EACH signature must be guaranteed by a member of an approved MEDALLION® Signature Guarantee Program; required on all transferor and transferee applications.
Death
Death of a joint tenant and tenants in entirety (into an individual account):
The below items may be required in order to process the transfer
- Original certified death certificate
- W9 of new ID# (if it is changing)
- MEDALLION® Signature Guarantee required
Death of an individual, community property, and tenants in common:
The below items may be required in order to process the transfer
- Copy of death certificate
- Original certified Letters Testamentary
- W9 of new ID# (if it is changing)
- MEDALLION® Signature Guarantee required
Death of a trustee:
The below items may be required in order to process the transfer
- Original certified death certificate
- Portion of the trust stating that upon the death of one co-trustee the other can act alone or becomes sole trustee (title and signature pages as well)
- W9 if taxpayer identification number is changing (i.e. husband is deceased and identification number is to be changed to the wife's)
- MEDALLION® Signature Guarantee required
When (1) a sole trustee dies, (2) remaining co-trustee wants to change the registration completely or (3) adding a substitute co-trustee
The below items may be required in order to process the transfer
- Original certified death certificate
- Successor trustee provision (title and signature pages as well
- MEDALLION® Signature Guarantee required
Sale
Sale through a secondary Market
The below items may be required in order to process the transfer
- Power of Attorney documents (this form gives the secondary market the authority to sign our documentation on behalf of the investor). Investors signatures must be Medallion signature guaranteed.
- Corporate Resolution
- Department of Corporations (DOC) approval if necessary (see DOC instructions).
- MEDALLION® Signature Guarantee required
Sale directly between two parties:
The below items may be required in order to process the transfer
- Department of Corporations (DOC) approval if necessary (see DOC instructions).
- MEDALLION® Signature Guarantee required
Gift
When there is no money, or other consideration, exchanged between two parties:
- MEDALLION® Signature Guarantee required
Divorce
When a divorce decree is received and the account is being transferred from joint name to individual name:
The below items may be required in order to process the transfer
- Divorce decree - original certified court order that must clearly specify the ATEL units being transferred and the transferee name
- W9 if taxpayer identification number is changing
- MEDALLION® Signature Guarantee required
Request for a transfer dur to divorce without a decree:
The below items may be required in order to process the transfer
- MEDALLION® Signature Guarantee required
Trust
Transfer from an individual (or various other registration types) into a trust:
- MEDALLION® Signature Guarantee required
Custodial
Transfer between custodians keeping the registration type the same (i.e. IRA, pension or profit sharing plan):
- MEDALLION® Signature Guarantee required
- Change of ownership type within the same custodian just needs to be requested by the custodian by LETTER OF INSTRUCTION with the appropriate signatures.
Privacy Policy
ATEL values the trust you have placed in us. As a part of our relationship, we respect and acknowledge your privacy. Regulations issued by the Federal Trade Commission and the Securities and Exchange Commission require that ATEL and its affiliates (together, the “ATEL Companies”) and each of the investment programs sponsored and managed by the ATEL Companies (the “Funds”), provide the Funds’ investors with written notice of their policies and procedures for disclosure of the investors’ non-public personal information. Our policies relating to disclosure of your non-public personal information are as follows:
-
We collect non-public personal information about you from the following sources:
- Information we receive from you on applications or other forms,
- Information about your transactions with us, our affiliates, or others, and
- Information we receive from a consumer reporting agency.
- We do not disclose any non-public personal information about Fund investors or former investors to anyone, except as permitted by law.
- We restrict access to non-public personal information about you to employees and agents of ATEL who need to know that information to provide services to you and the Fund in which you have invested, and require that all such employees and agents adhere to our privacy policy. Furthermore, ATEL has confirmed that each provider of administrative services to the Funds is also governed by the FTC and/or SEC privacy rules and will maintain a similar policy with regard to protecting the privacy of your non-public personal information.
- We maintain physical, electronic, and procedural safeguards that comply with federal standards to guard your non-public personal financial information.
- We will not permit any ATEL Company which has no prior business relationship with you to market its products or services to you based on information another ATEL Company may collect from you, including, but not limited to, information concerning your income and net worth, your credit score and your account history with the ATEL Company.
If you have any questions about these policies or our use, maintenance and disclosure of your non-public personal financial information, please contact our Investor Services Department at (800) 543-2835, ext. 3. We are required by law to inform you of our privacy policy once a year. Please note that this is not a request for an “opt out” statement from you; the above stated policies are the policies in place at this time.
