Archive:Departures and Renouncement Code

**THE UNIVERSAL TRIUMVIRATE DEPARTURES AND RENOUNCEMENT CODE**
**2.14.14 | 2.14.14**
Major Executive Nathan Maine
A. Ehtya, J. Brayer

**A Law** to set rules for departures and renouncing of citizenship and to provide rules and guarantees for wills and property transfers.

**Section 1: Determinant of Departure**

Departure shall mean when citizenship is justly revoked from or freely renounced by a citizen.
**Section 2: Definition of Assets**

An asset shall be defined as anything owned by a person. This includes currency, bonds, shares, companies (not applicable to publicly-owned companies as shares signify ownership), property rights, inventory, and more.
On departure, the distribution of assets (however may be necessary in accordance to this law) shall be carried out by either the Department of Justice, Department of Commerce, courts, or the Major Executive (except in such situations where an executor has been named and is available).
**Section 3: Wills**

The Triumvirate shall recognize two types of wills: public wills and covert wills. Wills may be utilized to determine the distribution of owned assets after departure or carry out appropriate orders following departure.
**Section 3.1: Public Wills**
A public will shall be one displayed publicly on any place the Triumvirate government may deem appropriate to display so. A public will shall always be deemed superior and in precedence to a covert will. Assets from a public will should be distributed within one week from departure.
**Section 3.1.1: Components of a Public Will**
A public will must possess an origin date, amendment dates, and may only be edited by the testator.
**Section 3.1.2: Naming of an Executor**
A testator, the individual whose will it is, may name an executor in their will, who is someone responsible for the carrying out of the distribution of assets in accordance with the will. In the event of departure, the executor may take the place of the government entities in terms of carrying out distribution of assets or notification (even in international wills).
**Section 3.2: Covert Will**
A covert will is any will or promise made as to the distribution of assets in a setting that does not comply with the government’s set area. Significant amounts of evidence (including documentation and witnesses) should be involved in any claim as to a covert will. Claims as to covert wills are to be made to the Department of Justice and must be made within two weeks after departure. Only a civil court may discern whether the claim is authentic. Covert wills should not be encouraged as solid agreements and are largely unenforceable.
**Section 3.3: International Wills**
Should an international or foreign party be named in a will, they shall receive the dues so long as they possess a valid Triumvirate account to receive them (in the case of currency). The Department of State shall be required to inform any international party if they are receiving assets as a result of a departure and the Department of State should explain to them appropriate steps and information about such matter. They cannot gain membership of a business or any asset that is only accessible to citizens of the Triumvirate. If they do not possess a transaction account of any kind that would be appropriate, they shall be notified and have up to two weeks to attain such an account.
**Section 4: Assets Outstanding**

Should a person possess no will of any kind (departed intestate) or any claim on a will shall not have been made within one week from departure, all assets (excluding transaction accounts such as a business or non-profit) shall be, unless an exception exists, transferred to the Department of the Treasury and shall become government-owned.
**Section 4.1: Accounts Outstanding**
Any transaction accounts or companies owned by an individual prior to departure shall be drained (with assets or the company transferred to the government) and dissolved.
**Section 4.2: Exceptions**
Should the individual departing have a member of their family (constituted by sharing a last name) who is currently a citizen of the Triumvirate, all assets outstanding shall be sent to them (including transaction accounts). However, should there be multiple members of the family, the assets outstanding shall be sent to the eldest.
**Section 5: Prior Conviction and Debts**

Before any transfers of assets are to be made after a departure, all assets must go towards the payment of: first, fines and fees (payments to the government); second, debts held valid by contract.
**Section 6: Business Closing**

In the event of a business closing without all assets being removed from it, assets shall go to the owner. If the owner shall have departed, see appropriate rules for assets outstanding.
Any dues the business owes in debts or taxes are to be paid before assets shall be transferred to the appropriate entity.