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Prepared by, recording requested by and return to:Above this Line for Official Use Only Name: Company: Address: City: State: Zip: Phone: Fax: ASSIGNMENT OF CLAIMS INDIVIDUAL (N.D.S. 352727)COMES NOW,
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ND assignment refers to the Non-Discretionary assignment process used by entities to allocate their credits or responsibilities to another party for compliance or operational purposes.
Entities that have obligations or credits that need to be allocated due to regulatory requirements or operational needs are required to file an ND assignment.
To fill out an ND assignment, one must provide accurate details related to the entities involved, the specific credits or responsibilities being assigned, and any regulatory compliance information required.
The purpose of an ND assignment is to facilitate the proper allocation of obligations and ensure compliance with regulatory standards.
The ND assignment must report the names and details of the assigning and assignee entities, the nature of the responsibilities being assigned, and relevant compliance information.
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