Statement Of Account Or Accounts In Dallas
Category:
State:
Multi-State
County:
Dallas
Control #:
US-00400
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Accounts Receivable is a legal document that allows the Assignor to convey their rights to specific accounts to the Assignee. This form is crucial for businesses in Dallas that need to manage their accounts more effectively, especially in cases of financial restructuring or selling receivables. Key features include the representation by the Assignor that all accounts are valid, details of the accounts in the attached Exhibit 'A', and conditions under which payments are owed. It allows for clear guidelines on how proceeds from the accounts should be handled and outlines any potential defenses or offsets. Filling out this form requires detailed information about the accounts, including balances and debtor details, and users must specify if the assignment is with or without recourse. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it simplifies the transfer of accounts and protects the rights of both parties. With clear editing instructions and straightforward language, this form is accessible even for users with limited legal experience, ensuring compliance and clarity in financial transactions.
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