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If I lose my Certificate Deposit document, can someone who has it in his possession use it as his own asset for investment purposes or have it cashed at the maturity date?

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If I lose my Certificate Deposit document, can someone who has it in his possession use it as his own asset for investment purposes or have it cashed at the maturity date?

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Yes, they can. Once the Certificate Deposit is issued, it can be used as a financial instrument for investment or business purposes. Therefore, you should always take maximum responsibility to protect your Certificate Deposit.

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