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This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
PCD assets can be loans or debt securities, and if debt securities, could be classified as either HTM or AFS. Under prior GAAP, receivables and debt.The Office of the Comptroller of the Currency's (OCC) Comptroller's Handbook booklet,.
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Purchased Financial Asset With Credit Deterioration In Houston