DICTIONARY OF BANKING (1926)
BLACK'S LAW 6TH EDITION
DICTIONARY OF BANKING (1926)
BLACK'S LAW 4TH EDITION
BLACK'S LAW 6TH EDITION
BLACK'S LAW 4TH EDITION
BLACK'S LAW 4TH EDITION
Letter of Intent as a Private Banker
To Whom It May Concern,
I am Michael Kurman III, a non-incorporated living man. I am writing to formally express my intent to conduct all my financial and private affairs under my capacity as a private banker. As a private banker, I acknowledge that my rights are unalienable and are protected by the foundational principles of law, including my right to contract, my right to enter into lawful agreements, and my right to manage my personal and financial affairs without interference from external entities. These rights, by their nature, cannot be waived, transferred, or infringed upon by any governing authority or institution without my express consent.
I declare that all financial dealings and agreements I enter into will be conducted in good faith, with honesty, integrity, and a clear intention to fulfill my obligations lawfully and without malice. I hold no intention of engaging in fraudulent activities or misrepresenting any material facts. My business will be carried out in full transparency, ensuring that all parties involved in any transaction are treated fairly and equitably.
Furthermore, I declare that my financial dealings and obligations will be conducted in alignment with the principles established under UCC 3 and 48 Stat. 112 (the statute resulting from the passage of HJR 192 in 1933). This statute formally recognized that no individual could be forced to pay debts in gold or other commodities, and that debts could only be discharged with the recognition of lawful currency or credit, as appropriate. I intend to honor my obligations while exercising the right to discharge any financial liabilities in accordance with this statute, as it pertains to the use of lawful money or its equivalent for the settlement of debts.
It is my understanding and intention that all present and future agreements or transactions entered into will respect these unalienable rights, and any attempt to impose commercial or statutory obligations in violation of these principles will be addressed accordingly.
I look forward to conducting my private affairs in harmony with the principles of law and fairness that govern private banking, the rights vested in individuals under the Constitution, UCC 3 and 48 Stat. 112, and the ethical standards of good faith in all business practices.
Sincerely,
Michael: Kurman III / CFO
Without Prejudice, U.C.C. § 1 - 308, Sui juris