Depositorys Receipt Of Assets Under Federal Regulations {CUB1}

CUB1 - DEPOSITORY'S RECEIPT OF ASSETS UNDER FEDERAL REGULATIONS. This form is used in the Miami-Dade County Circuit Court's Probate Division to acknowledge and accept the designation as a depository for assets of an estate. The depository, a bank, agrees to receive and manage the assets, including any proceeds, interest, or dividends, in accordance with legal provisions and federal regulations, specifically referencing Florida Statutes and federal regulations (31 CFR 515.101 et seq.). The bank commits to following court orders and licenses from the Office of Foreign Assets Control. The form is signed by an authorized officer of the bank. Its purpose is to establish the bank's role in holding and managing estate assets, particularly related to Cuban Blocked Accounts and associated federal regulations. www.FormsWorkflow.com