assignment of proceeds in English
order transferring the right to compensation from an insurance company
Use "assignment of proceeds" in a sentence
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1. The rights and duties of an issuer/guarantor or nominated person to act or not act on a request for an acknowledgement of an assignment of proceeds or on an acknowledgement made by it are governed by the law that is chosen in that person’s acknowledgement or, absent an acknowledgement or a choice of law therein, by the law of the State in which that person is located and without regard to the law governing the independent undertaking itself.]