Assignment of Savings Account is a legal document that was released by the North Carolina Department of Environmental Quality - a government authority operating within North Carolina.
Q: What is an assignment of a savings account?
A: An assignment of a savings account is a legal transfer of ownership or control of the account from one individual to another.
Q: Can a savings account be assigned to multiple individuals?
A: Yes, a savings account can be assigned to multiple individuals as co-owners or joint account holders.
Q: What happens to the funds in a savings account after an assignment?
A: After an assignment, the funds in the savings account belong to the new owner(s) of the account.
Q: Is the assignment of a savings account reversible?
A: No, once a savings account has been assigned, it cannot be reversed unless all parties involved agree to the reversal.
Form Details:
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the North Carolina Department of Environmental Quality.