ORANGE COUNTY DISTRICT ATTORNEY NEWS RELEASE
SANTA ANA, Calif. – Orange County Treasurer Shari Freidenrich became the first local government “Certified Medallion User” of a Medallion Signature Guarantee Stamp after completing the training required by the program. She affixed the first Medallion Guarantee Stamp to several documents for the Office of the District Attorney/Public Administrator (OCDA/PA) Tony Rackauckas last week. Treasurer Freidenrich and OCDA Rackauckas worked together to increase the efficiency relating to the estates administered by the PA. Traditionally, this service has been done by a financial institution, and in December 2016, the County of Orange became the first government agency to be approved to become a Securities Transfer Agent Program Guarantor. Rackauckas stated, “It is very satisfying to work with Treasurer Freidenrich, to solve a problem that has existed for many years. I expect other counties will follow our lead. Most importantly, with the Medallion Guarantee Stamp in place at the County, we will be better and more efficient in serving the needs of decedents, beneficiaries and families in our County.” Continue reading
