Assignment of certificate of depositsavings account to the form
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Assignment of a Specified Amount of Wages Assignment made on the _________________ (date), by __________________
(Name of Assignor) of ____________________________________________________
(street address, city, state, zip code) , referred to herein as I or me, in favor of
_____________________ (Name of Assignee) , of _____________________________
_______________________________ (street address, city, state, zip code) , referred to
herein as Assignee.
1. Wages Involved
For value received, I hereby assign to Assignee $_________ of salary or wages
earned by me up to and including ______________ (date) , while employed as
________________________________ (state occupation or position) , by
______________________________ (Name of Employer) , of ____________________
____________________________________ (street address, city, state, zip code).2.Authorization to Employer
A. I authorize my Employer to pay the above-stated amount to Assignee, on
presentation of this Assignment.B. When my Employer has paid all or a portion of that amount in accordance
with this Assignment, this Assignment shall constitute a receipt against me for
such amount.C. I hereby release and forever discharge my Employer from any liability to
me by reason of the payment of all or a portion of that amount to Assignee
pursuant to this Assignment.3. Attorney-in-Fact. I appoint Assignee, his representatives or assigns, as my
attorney-in-fact, to sign any checks, vouchers, or receipts necessary to collect all
or any portion of the above-stated amount of my wages from my Employer, and
to evidence payment of such amount.4. WarrantiesI warrant and represent that:A. I am over twenty-one years of age;B. I am not indebted to my employer;C. My Employer owes me the above-stated amount over and above all
deductions;D. I have not, prior to the effective date of this Assignment, sold,
assigned, or otherwise disposed of the above-stated salary or wages; and
E. There are no orders, garnishments, or attachments outstanding
affecting the above-stated salary or wages in any way.5. Nature of Transaction
A. This transaction is absolute and unconditional.B. This transaction is an original transaction and not a renewal or extension
of any kind, and has no connection with any other transaction that I may have
had with Assignee prior to the effective date of this Assignment.6. Bankruptcy of Employer. Assignee shall assume all risks of loss that may now
exist or subsequently arise due to the insolvency or bankruptcy of my Employer.7. SeverabilityThe invalidity of any portion of this Assignment will not and shall not be deemed
to affect the validity of any other provision. If any provision of this Assignment is held to
be invalid, the parties agree that the remaining provisions shall be deemed to be in full
force and effect as if they had been executed by both parties subsequent to the
expungement of the invalid provision. 8.No Waiver The failure of either party to this Assignment to insist upon the performance of
any of the terms and conditions of this Assignment, or the waiver of any breach of any
of the terms and conditions of this Assignment, shall not be construed as subsequently
waiving any such terms and conditions, but the same shall continue and remain in full
force and effect as if no such forbearance or waiver had occurred. 9.Governing Law This Assignment shall be governed by, construed, and enforced in accordance
with the laws of the State of __________________ (name of state). 10.Mandatory Arbitration Notwithstanding the foregoing, and anything herein to the contrary, any dispute
under this Assignment shall be required to be resolved by binding arbitration of the
parties hereto. If the parties cannot agree on an arbitrator, each party shall select one
arbitrator and both arbitrators shall then select a third. The third arbitrator so selected
shall arbitrate said dispute. The arbitration shall be governed by the rules of the
American Arbitration Association then in force and effect. Witness my signature this the _____ day of ______________, 20_____. _____________________________(Signature of Assignor)_____________________________ (Printed Name of Assignor)
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The best way to complete and sign your assignment of certificate of depositsavings account to the form
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Follow the step-by-step guide to eSign your assignment of certificate of depositsavings account to the form in Gmail:
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