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According to FDIC Guidance on Spousal Signature Provisions, If the Creditor

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According to FDIC Guidance on Spousal Signature Provisions, if the creditor requires the spouse's signature on an instrument that imposes personal liability, the creditor's belief should be:


Definitions:

Newly Issued Stock

Shares that have been recently released by a company to the public for the first time through an initial public offering (IPO) or additional issuance.

Proxy Solicitation

The process by which one shareholder asks another for his or her voting right.

Voting Trust Agreement

A legal agreement where stockholders transfer their shares to a trustee in exchange for voting trust certificates, allowing the trustee to vote on corporate matters.

Cumulative Voting Agreement

An arrangement that allows shareholders in a company to pool their votes towards electing directors, enhancing the voting power of minority shareholders.

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