Accounts Receivable Contract With Payment Processing In Salt Lake
Category:
State:
Multi-State
County:
Salt Lake
Control #:
US-00402
Format:
Word;
Rich Text
Instant download
Description
The Accounts Receivable Contract with Payment Processing in Salt Lake is a legal document that facilitates the sale of accounts receivable from a seller to a buyer. The contract details that the seller agrees to transfer all rights to specific outstanding accounts as identified in an attached exhibit. It ensures the accuracy of the accounts, confirming that goods or services linked to them have been delivered and that no disputes exist. The form includes provisions for recourse, allowing the buyer to seek redress from the seller for any accounts in default. Users must inspect the accounts and can cancel the agreement if unsatisfied within a stipulated timeframe. This contract is essential for attorneys, partners, owners, associates, paralegals, and legal assistants involved in financial transactions and collections, providing legal clarity and protection in the sale process. It serves as a template for businesses looking to manage their accounts receivable effectively while ensuring compliance with local laws.
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