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THOMAS P. DiNAPOLI STATE COMPTROLLER110 STATE STREET ALBANY, NEW YORK, 12236STATE OF NEW YORK OFFICE OF THE STATE COMPTROLLER OFFICE OF UNCLAIMED FUNDSOrganization Hold Harmless Form REFERENCE NUMBER:In
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What is hold harmless form?
A hold harmless form is a legal document that protects one party from liability or claims made by another party, typically in agreements related to services or transactions.
Who is required to file hold harmless form?
Typically, individuals or organizations that are entering into agreements where liability is a concern may be required to file a hold harmless form.
How to fill out hold harmless form?
To fill out a hold harmless form, you need to provide details about both parties involved, specify the nature of the agreement, and clearly state the terms under which one party is held harmless.
What is the purpose of hold harmless form?
The purpose of a hold harmless form is to mitigate risks by clearly defining the responsibilities of each party and protecting one party from financial loss or legal claims due to the actions of the other.
What information must be reported on hold harmless form?
Information generally includes the names of the parties involved, the specific terms of the hold harmless agreement, and any relevant dates or conditions.
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