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Form DMM-169 Certificate of Deposit - Virginia
What Is Form DMM-169?
This is a legal form that was released by the Virginia Department of Mines, Minerals and Energy - a government authority operating within Virginia. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is Form DMM-169?
A: Form DMM-169 is a Certificate of Deposit for the state of Virginia.
Q: What is a Certificate of Deposit?
A: A Certificate of Deposit (CD) is a type of time deposit offered by banks and credit unions, where you deposit a specific amount of money for a fixed period of time in exchange for a fixed interest rate.
Q: Is Form DMM-169 specific to Virginia?
A: Yes, Form DMM-169 is specific to the state of Virginia.
Q: What information is required on Form DMM-169?
A: Form DMM-169 requires information such as the name and address of the depositor, the amount of the deposit, the term of the CD, and the account number.
Q: Can I use Form DMM-169 for multiple deposits?
A: No, Form DMM-169 is used for a single Certificate of Deposit transaction.
Q: What is the purpose of Form DMM-169?
A: Form DMM-169 is used to document the creation of a Certificate of Deposit in the state of Virginia.
Q: Can I cancel or withdraw funds from a Certificate of Deposit?
A: Yes, you can cancel or withdraw funds from a Certificate of Deposit before the end of the term, but there may be penalties or fees involved.
Q: Is Form DMM-169 applicable for businesses?
A: Yes, Form DMM-169 can be used by both individuals and businesses in Virginia.
Q: Are there any fees associated with Form DMM-169?
A: There may be fees associated with opening or maintaining a Certificate of Deposit, depending on the financial institution you choose.
Form Details:
- Released on June 1, 2016;
- The latest edition provided by the Virginia Department of Mines, Minerals and Energy;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of Form DMM-169 by clicking the link below or browse more documents and templates provided by the Virginia Department of Mines, Minerals and Energy.
