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Free Legal Forms page - Assignment of Savings Account

ASSIGNMENT OF SAVINGS ACCOUNT
For value received, I, __________(1)___________, of ________(2)___________,
transfer and assign to ______(3)________, of _______(4)_____________, as assignee, savings
account No. _____(5)_____, in my name with ___________(6)__________, and all moneys due
or to become due thereunder. I authorize _______(7)_____________ to pay over to assignee
this sum out of moneys deposited in my name in the above-mentioned account.
I warrant that I have made no prior transfer or assignment of any part of the account
assigned hereby and that the balance thereof is now at least ______(8)_______ Dollars
($________).
I have delivered to assignee herewith the savings passbook issued in connection with
this account, and I authorize assignee to ask for, demand, collect, and give a receipt for money in
the assigned savings account, without any previous demand or notice. I agree to do whatever
assignee may reasonably require to assure payment to assignee, to the extent hereby assigned,
of the money in the account.
Dated __________(9)___________, ____(10)_.
_____________(11)_____________

NOTICE
The information in this document is designed to provide an outline that you can follow
when formulating business or personal plans. Due to the variances of many local, city, county
and state laws, we recommend that you seek professional legal counseling before entering into
any contract or agreement.