Signature requirement for illiterate subscribers: thumb impression accepted with attestation and explanation endorsement. An illiterate subscriber may execute a memorandum by thumb impression or mark, described as such by the person writing for him; that person must place the subscriber's name against or below the mark, sign to authenticate it, record the number of shares taken opposite the name, read and explain the document to the subscriber, and endorse that he has done so. An agent may sign only if authorised by power of attorney.
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Signature requirement for illiterate subscribers: thumb impression accepted with attestation and explanation endorsement.
An illiterate subscriber may execute a memorandum by thumb impression or mark, described as such by the person writing for him; that person must place the subscriber's name against or below the mark, sign to authenticate it, record the number of shares taken opposite the name, read and explain the document to the subscriber, and endorse that he has done so. An agent may sign only if authorised by power of attorney.
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