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Policies that lapse in the new agency will charge growth to me. There will be no adjustments of credit or growth charges under any circumstances. THREE-POINT STATEMENT Date Agent Branch I am requesting to transfer from Agency Branch to Agency I understand all of the following First Year commissions on policies paid to me on the old agency will follow me and will be charged back if the policy lapses.
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What is three-point statement?
A three-point statement is a type of financial statement that includes three key points: assets, liabilities, and equity.
Who is required to file three-point statement?
Businesses, organizations, and individuals who need to provide a comprehensive summary of their financial position are required to file a three-point statement.
How to fill out three-point statement?
To fill out a three-point statement, you need to list all your assets, liabilities, and equity in an organized manner, usually following a specific format or template.
What is the purpose of three-point statement?
The purpose of a three-point statement is to provide a clear and concise overview of an entity's financial position at a specific point in time.
What information must be reported on three-point statement?
A three-point statement must include details of all assets owned, liabilities owed, and equity held by the entity.
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