This form is an Assignment of Money Due. The assignor agrees to grant to the assignee all title and interest in a certain debt or money due as described in the agreement. The form also provides that it is the responsibility of the assignor to collect the debt.
Assignment Due Form For Lic Policy In Texas
Category:
State:
Multi-State
Control #:
US-00422
Format:
Word;
Rich Text
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In this agreement: "I," "me," and "my" refer to the policy owner named above. If the Collateral Assignment is to be released, the Assignee must complete a collateral release form dated prior to the Absolute Assignment.Section 1103.055 - Designation of Beneficiary of Policy; Transfer or Assignment of Policy or Interest. Listing of all TDI forms. Use this form to name a new Absolute Assignee (Owner). An Absolute Assignee is entitled to exercise all ownership rights and receive the death benefit. Name and address of the person or entity to whom all right, title and interest under the policy are being assigned. 2. This is an absolute assignment form. It should not be used in connection with collateral or viatical assignments. 2.
