diff --git a/.Lib9c.Tests/Action/Guild/MoveGuildTest.cs b/.Lib9c.Tests/Action/Guild/MoveGuildTest.cs
index 2186138914..3a707c2df4 100644
--- a/.Lib9c.Tests/Action/Guild/MoveGuildTest.cs
+++ b/.Lib9c.Tests/Action/Guild/MoveGuildTest.cs
@@ -36,6 +36,7 @@ public void Execute()
         var guildAddress2 = AddressUtil.CreateGuildAddress();
         world = EnsureToCreateValidator(world, validatorKey1.PublicKey);
         world = EnsureToCreateValidator(world, validatorKey2.PublicKey);
+        world = EnsureToPrepareGuildGold(world, guildMasterAddress1, GG * 100);
         world = EnsureToMakeGuild(world, guildAddress1, guildMasterAddress1, validatorKey1.Address);
         world = EnsureToMakeGuild(world, guildAddress2, guildMasterAddress2, validatorKey2.Address);
         world = EnsureToPrepareGuildGold(world, agentAddress, GG * 100);
@@ -62,8 +63,8 @@ public void Execute()
         var guildParticipant = guildRepository.GetGuildParticipant(agentAddress);
 
         Assert.Equal(guildAddress2, guildParticipant.GuildAddress);
-        Assert.Equal(0, guildDelegatee1.TotalShares);
-        Assert.Equal(0, validatorDelegatee1.TotalShares);
+        Assert.Equal(100 * SharePerGG, guildDelegatee1.TotalShares);
+        Assert.Equal(100 * SharePerGG, validatorDelegatee1.TotalShares);
         Assert.Equal(100 * SharePerGG, guildDelegatee2.TotalShares);
         Assert.Equal(100 * SharePerGG, validatorDelegatee2.TotalShares);
     }
diff --git a/Lib9c/Module/Guild/GuildParticipantModule.cs b/Lib9c/Module/Guild/GuildParticipantModule.cs
index 8b234a6b4d..085b5bec56 100644
--- a/Lib9c/Module/Guild/GuildParticipantModule.cs
+++ b/Lib9c/Module/Guild/GuildParticipantModule.cs
@@ -71,8 +71,8 @@ public static GuildRepository MoveGuild(
             var guildParticipant1 = repository.GetGuildParticipant(guildParticipantAddress);
             var srcGuild = repository.GetGuild(guildParticipant1.GuildAddress);
             var dstGuild = repository.GetGuild(dstGuildAddress);
+            var srcGuildDelegatee = repository.GetDelegatee(srcGuild.ValidatorAddress);
             var validatorRepository = new ValidatorRepository(repository.World, repository.ActionContext);
-            var srcValidatorDelegatee = validatorRepository.GetDelegatee(srcGuild.ValidatorAddress);
             var dstValidatorDelegatee = validatorRepository.GetDelegatee(dstGuild.ValidatorAddress);
             if (dstValidatorDelegatee.Tombstoned)
             {
@@ -80,7 +80,7 @@ public static GuildRepository MoveGuild(
             }
 
             var guildParticipant2 = new GuildParticipant(guildParticipantAddress, dstGuildAddress, repository);
-            var bond = validatorRepository.GetBond(srcValidatorDelegatee, srcGuild.Address);
+            var bond = repository.GetBond(srcGuildDelegatee, guildParticipantAddress);
             var share = bond.Share;
             repository.RemoveGuildParticipant(guildParticipantAddress);
             repository.DecreaseGuildMemberCount(guildParticipant1.GuildAddress);