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This document is a credit application form used by The Middlefield Banking Company to assess an applicant's creditworthiness and identity verification requirements.
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Start with the heading and ensure the date and relevant identifiers are filled in.
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Complete the sections regarding personal details, ensuring accuracy for names and contact information.
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Fill out the section on the purpose of the request clearly and concisely.
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Who needs LAR?

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Surrogate Consent /Use of a Legally Authorized Representative (LAR)
What is a legally authorized representative (LAR)? A legally authorized representative is an individual who, under law, has the ability to act on behalf of another person (such as a minor study participant).
noun. dialect a boy or young man.
A Legally authorized representative (LAR) is an individual or judicial or other body authorized under applicable law to make decisions on behalf of another individual.
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A Legally authorized representative (LAR) is an individual or judicial or other body authorized under applicable law to make decisions on behalf of another individual.
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LAR stands for Loan Application Register, a document that collects data on loans applied for and originated by financial institutions.
Financial institutions that are subject to the Home Mortgage Disclosure Act (HMDA) are required to file LAR.
To fill out the LAR, institutions must gather information about loan applications and loans, including applicant demographics, loan amounts, and property location, and enter this information into the appropriate format set by regulators.
The purpose of LAR is to provide data that ensures fair lending practices and to facilitate analysis of lending patterns to prevent discrimination.
LAR must report information such as the type of loan, property location, loan amounts, applicant demographics (like race, sex, and income), and the action taken on the application.
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