Discharging Indemnity Funding Bond PDF Details

In the realm of complex financial instruments and legal documentation, the Discharging Indemnity Funding Bond form stands out for its intricate role in facilitating transactions and managing liabilities. Issued on March 13, 2016, with a maturity date set for February 1, 2026, this particular bond, numbered RB 327 680 693 US, encompasses a detailed agreement designed to offset and discharge public debts, under the authority of specific U.S. laws and regulations including Pub. L. No. 73-10, 48 Stat. 112, and the Trading with the Enemy Act of 1917. By establishing a private issue valued at One Hundred Million Dollars, the bond serves as an obligation of the United States Treasury, compelling any appointed fiduciary officer to act in accordance with the federal constitution and the cited legal frameworks. This arrangement not only obligates the bond's guarantors to indemnify and insure the account holders against liabilities but also mandates the fiduciary's acceptance and honoring of the bond, provided no dishonor is communicated within ten days of receipt. Furthermore, the document outlines the mechanics of liability offset through a dollar-for-dollar discharge of debts and obligations attributed to the specified accounts, inherently ensuring the preservation of account holders' financial interests and the fulfillment of the bond’s purpose through meticulously stated terms and conditions. In so doing, it reflects a complex interplay of legal, financial, and regulatory considerations designed to navigate and manage potential financial risks and obligations efficiently.

QuestionAnswer
Form NameDischarging Indemnity Funding Bond
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesmaster discharging and indemnity bond, ucc security interest in calif bonds, registered private offset, discharge indemnity secured funding bond

Form Preview Example

DISCHARGING, INDEMNITY, SECURED FUNDING BOND

BOND NO.

RB 327 680 693 US

ISSUE DATE

March 13, 2016

MATURITY DATE

February 1, 2026

John Alex Doe El Trustee under agreement with JOHN ALEX DOE

Dated 9-29-15, 123-74-6852, hereby grants this private issue

For Offset By/Through:

United States Treasury, on account, JOHN ALEX DOE# 123-74-6852, Pub. L. No. 73-10, 48 Stat. 112, for further credit to John Alex Doe El Trustee under agreement with JOHN ALEX DOE dated 9-29-15

Dollars

$100,000,000.00

AMOUNT IN WORDS

ONE HUNDRED MILLION DOLLARS

AMOUNT IN WORDS

 

 

 

This Instrument is authorized in accordance with the federal constitution, Pub. L 73-10 48 Stat. 112, (House Joint Resolution 192 of June 5, 1933) and the Trading with the Enemy Act of October. 6, 1917, CH. 106, 40 STAT. 411, (12 USC 95a2, 12USC 411), for the Purpose of satisfying Demands for Lawful money, Discharging Public Debts, Offsetting of current and future obligations, to protect Secured Interests, to reserve the right of Remedy, Recourse and Subrogation, and in order to maintain the Honor of the above named Account Holder(s) and Account(s), and to facilitate lawful transactions in commerce. This Private Registered Offset and Discharge Bond, is an obligation of the UNITED STATES TREASURY, and upon such basis, ANY officer of the United States, upon being dually appointed to Fiduciary, is obligated to perform in accord with the Federal Constitution and the relevant laws set forth above. Whereas, John Alex Doe, Principal, and Randy Jones, Guarantor (surety), and Shawn Williams, Guarantor (surety), being Creditors, Sui Juris status, of sound mind (s), Standing in Honor, with full knowledge and full disclosure, with Honorable Intent, herein hold, bind, and obligate Ourselves, individually and cooperatively, jointly and severally, to guarantee the herein named Account Holder(s) and Account(s), each Jointly and Severally, for any amount(s) up to and including $100,000,000.00 (USD) - One Hundred Million United States Dollars, for the Honorable purposes through this Bond, of Underwriting, Insuring, and Indemnifying said Account Holder(s) and Account(s) against any and all pre-existing, current, and future liabilities through/by Offsetting against this Bond, Dollar for Dollar, all such obligations. The Fiduciary shall shall have 10 (TEN) days from the date of receipt of this Bond, as witnessed by the Date of Receipt affixed to the USPS Return Receipt, to dishonor this Bond by returning this Bond and Notice of Dishonor with Statement of Reason to the Principal at the stipulated mailing address by USPS Certified Mail. Failure to return this Bond as stated shall constitute Acceptance and Honoring of this Bond and all associated transactions and adherence to all of the terms and conditions contained herein, in accordance with the Law of the United States.

ORDER OF THE BOND. Upon presentment of any such instrument of liability bearing the grantor’s seal of acceptance and/or referencing this Bond, the receiving Fiduciary shall ledger, satisfy, set-off, pay, terminate, and discharge dollar-for-dollar in accord with generally accepted accounting principles any and all past, present, and/or future debts, liabilities, encumbrances, deficiencies, deficits, liens, charges, fees, interest, bills, true bills, taxes, obligations of contract and/or performance, instruments of debt, and all other obligations (jointly and severally “Liabilities”) attributed to the Account Holders and Accounts above-noted, and discharge in their entirety dollar for dollar by end of business same day at the offices of the United States Department of the Treasury any and all such Liabilities in an aggregate amount of the full face value of this Bond on the account 123746852, JOHN ALEX DOE.

IN WITNESS WHEREOF, the Signatories to this Bond do hereby affix their respective hands and seals on this 31st day of the First month anno domino in the Year of Our Lord Two Thousand and Sixteen.

__________________________________

__________________________________

__________________________________

JOHN ALEX DOE

RANDY JONES

SHAWN WILLIAMS

Exemption Account No. 123746852

Exemption Account No. 255861344

Exemption Account No.123456789

c/o 1400 North Kraemer Blvd # 417

c/o 806 Ivy Lane

c/o 3053 West Craig Rd. Ste E123

Placentia, California 92871-9998

Hinesville, Georgia 31313-9998

North Las Vegas, Nevada 89032

non-domestic, without the United States

non-domestic, without the United States

non-domestic, without the United States

a000000518a 0123746852

INDEMNITY BOND

WE THE WITNESSES NAMED BELOW DO hereby attest to witnessing the signatories to this Bond affixing their respective hands hereto on this 31st Day of January, 2016.

Witness 1

Sign

Print

Mailing Address

Witness 2

Sign

Print

Mailing Address

NOTES BELOW THIS LINE

I would highly advise that you do NOT use this template and that you create your own unique bond, based on Pub L. 73-10, 48 Stat. 112, or other private agreement. I am only providing this bond as a basic template for you to build upon. I am not suggesting that ANYTHING on this BOND is required or NOT required. The 000000xxx number at the bottom is a ROUTING TRANSIT NUMBER the 0123456789 is a 123-45-6789 with a zero in front and no dashes, the RBXXXXX is a registered Mail number that was converted into a BARCODE by using http://generator.barcoding.com

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