Statement Of Account Or Accounts In King
Category:
State:
Multi-State
County:
King
Control #:
US-00400
Format:
Word;
Rich Text
Instant download
Description
The Statement of Account or Accounts in King is a crucial document used for the assignment of accounts receivable, allowing an assignor to transfer their rights to collect on specific accounts to an assignee. This form ensures that the assignor asserts ownership of the accounts, including detailing any outstanding balances and confirming that no payments are contingent on future deliveries. The form includes key sections such as an affirmation of the accuracy of the attached accounts, conditions regarding any disputes or defenses against the accounts, and statements regarding whether the assignment is with or without recourse. It provides essential details, including account balances, debtor information, and any relevant security interests. Attorneys, partners, and owners will find this form particularly useful for establishing clear financial transactions and protecting interests in business dealings. Paralegals and legal assistants can utilize this document to ensure compliance with legal standards and streamline the assignment process. It serves as a reliable tool for managing receivables, preventing future disputes, and maintaining clear records.
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