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Co-op Stock Certificate

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jack2k3

Member
What is the name of your state? CA

Why does a name addition to a co-op stock certificate require all financial details of the other person's life, including how much in banks, how much salary/bonuses/vacation time from work, credit card account numbers and their balances, the signature of bank managers and employers, among other things.

Our on-site manager is not very helpful, and both myself and the person I want to add are concerned by all this requested personal information.

Is this normal for cooperatives?
 



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