Wyoming Assignment of Certificate of Deposit Agreement

State:
Multi-State
Control #:
US-01008DR
Format:
Word; 
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Description

A certificate of deposit is a certificate or document issued by a bank acknowledging the receipt of money with a promise to pay to the depositor the amount of the deposit plus interest. This form is a collateral assignment of a certificate of deposit to secure a debt or some other obligation.

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

The Wyoming Assignment of Certificate of Deposit Agreement is a legal document that outlines the transfer of ownership of a Certificate of Deposit (CD) from one party to another. It is a binding agreement between the original CD holder (assignor) and the new owner (assignee) that specifies the terms and conditions of the assignment. This agreement is crucial when the CD holder wishes to sell, gift, or transfer their CD to another individual or entity. It sets forth the rights and responsibilities of both parties, ensuring a smooth and lawful transfer of ownership. The Wyoming Assignment of Certificate of Deposit Agreement includes key information such as the CD account details, the assignor's and assignee's contact information, and the terms of the assignment. Keywords: Wyoming, Assignment, Certificate of Deposit Agreement, transfer of ownership, legal document, CD holder, assignor, new owner, assignee, terms and conditions, sale, gift, transfer, individual, entity, rights, responsibilities, smooth, lawful, CD account details, contact information. Different types of Wyoming Assignment of Certificate of Deposit Agreements may include: 1. Individual to Individual Assignment: This type of agreement is used when an individual CD holder wants to transfer the ownership of their CD to another individual. It outlines the specific terms agreed upon by both parties. 2. Individual to Entity Assignment: This type of agreement is used when a CD holder wishes to assign their CD to a business entity, such as a corporation or trust. It includes additional provisions relating to the entity's legal structure and requirements for the assignment. 3. Entity to Individual Assignment: This type of agreement occurs when a business entity wants to transfer the ownership of a CD to an individual. It may have specific clauses regarding the individual's eligibility and acceptance of the assignment. 4. Entity to Entity Assignment: This type of agreement is employed when a business entity assigns a CD to another entity. It considers the legal requirements and provisions respective to both entities involved. Keywords: Individual, Entity, Individual to Individual Assignment, Individual to Entity Assignment, Entity to Individual Assignment, Entity to Entity Assignment, provisions, eligibility, acceptance, business entity, legal structure. Overall, the Wyoming Assignment of Certificate of Deposit Agreement is a crucial legal document that facilitates the transfer of ownership of a CD in Wyoming. Whether transferring between individuals or entities, this agreement ensures a lawful transfer of rights and responsibilities concerning the CD.

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For example, say Leo has $10,000. To build a CD ladder, he invests $2,000 each in a 1-year, 2-year, 3-year, 4-year and 5-year CD. As each CD matures, he reinvests the money at the current interest rate or uses the cash for another purpose.

ASSIGNMENT OF CERTIFICATE OF DEPOSIT means a certain ASSIGNMENT OF CERTIFICATE OF DEPOSIT of even date hereof in which the BORROWER assigns the CERTIFICATE OF DEPOSIT to the BANK as COLLATERAL for the payment of the OBLIGATIONS.

Section 17-29-701 - Events causing dissolution (a) A limited liability company is dissolved, and its activities must be wound up, upon the occurrence of any of the following: (i) An event or circumstance that the operating agreement or articles of organization states causes dissolution; (ii) The consent of all the ...

Assignment of Deposit means the Assignment of Deposit dated as of the Fifth Amendment Date, entered into by Borrowers as depositor in favor of Bank.

Compact disc (CD)

A certificate of deposit, or CD, is a type of savings account offered by banks and credit unions. You generally agree to keep your money in the CD without taking a withdrawal for a specified length of time. Withdrawing money early means paying a penalty fee to the bank.

(a) One (1) or more persons may act as organizers to form a limited liability company by signing and delivering to the secretary of state for filing articles of organization. (iii) Reserved. (c) The articles of organization shall be accompanied by a written consent to appointment signed by the registered agent.

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This form is a collateral assignment of a certificate of deposit to secure a debt or some other obligation. by LOF CREDIT · Cited by 7 — We hereby certify that we have received no notice of lien, encumbrance, hold, claim or obligation of the above-identified account prior to the assignment to the ...Transfer Certificate. Out-of-State Forms. Amended Certificate · Certificate of Authority · Continuance Articles · Domestication Articles · Fictitious Name Usage Where conveyance to be recorded. A certificate of the acknowledgment of any deed, mortgage or conveyance, or proof of the execution thereof, before a notarial. agreement or other similar agreement relating to a Deposit liability assumed by the Assuming. Bank pursuant to thi s Agree ment. 5.3 Notice to Depositors. (a). “I hereby sell, transfer, assign and convey all of my right, title, and interest in and to [business trade name] to (Company Name), a Wyoming Limited Liability ... The Operator hereby authorizes the Bank, upon written demand by the State, to pay to the State any portion or all of the monies on deposit with the Bank ... FOR VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, the Developer assigns to the County its right and title in saving certificate of deposit ( ... Fillable PDF Forms can be filled in online and then printed. Static PDF Forms can be printed and information can be handwritten or typed on the paper copy. To ... Fillable PDF Forms can be filled in online and then printed. Static PDF Forms can be printed and information can be handwritten or typed on the paper copy. To ...

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Wyoming Assignment of Certificate of Deposit Agreement