Change of Custodian

Sealaska cannot arbitrarily change a minor's custodian of record. Sealaska must have either a divorce decree awarding custody or a resignation from the custodian.

When a new custodian is in order, the new custodian must sign a Designation of Custodian and Custodian's Consent to Appointment form. If a custodian voluntarily resigns, he or she must sign a Resignation of Custodian form in the presence of a Notary Public and return the form to Sealaska. Once the proper documentation is in order, a new stock certificate is prepared and the duplicate sent to the new custodian.

If shares are being transferred by court order (divorce decree, dissolution of marriage) and the court order does not identify the custodian of the stock, the transferer of the stock will be named as the custodian until the child reaches age 18. The re-issuance process takes approximately three to four weeks from the date all necessary documents are received by Sealaska.

Please contact the Shareholder Relations Department to have a Designation of Custodian and Custodian's Consent to Appointment form mailed to you.