Statement Of Account Or Accounts In Hennepin
Category:
State:
Multi-State
County:
Hennepin
Control #:
US-00400
Format:
Word;
Rich Text
Instant download
Description
The Statement of account or accounts in Hennepin serves as a formal document that facilitates the transfer of accounts receivable from the Assignor to the Assignee. This form outlines key details, including the accounts being assigned, their balance, and any associated rights. Users must complete specific sections, such as the names of the Assignor and Assignee, details of the accounts on Exhibit 'A', and any required signatures. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to secure money owed to their businesses efficiently. It is important for users to verify that no payments are contingent on future deliveries and that all details accurately reflect the current state of the accounts. Adequate record-keeping of accounts is crucial to avoid future disputes. Furthermore, those filling out the form should pay attention to the recourse options selected to define liability effectively. This form ultimately helps ensure that all parties involved have a clear understanding of the assignment terms and responsibilities.
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