Statement Of Account Or Accounts In Los Angeles
Category:
State:
Multi-State
County:
Los Angeles
Control #:
US-00400
Format:
Word;
Rich Text
Instant download
Description
The Statement of Account or Accounts in Los Angeles is a legal document designed to facilitate the transfer of accounts receivable from one party, known as the Assignor, to another party, called the Assignee. This form is essential for businesses looking to assign their outstanding accounts to enhance cash flow or simplify collections. Key features include a detailed representation of the assigned accounts, confirmation that all goods or services have been delivered, and a complete listing of account balances in an attached Exhibit 'A'. Users are instructed to fill in specific details such as the names of the Assignor and Assignee, the date of the agreement, and any identifiable contingencies or offsets related to the assignments. The form serves various use cases for legal professionals such as attorneys and paralegals for transaction support, as well as business owners and partners for managing receivables effectively. Legal assistants can utilize the form to ensure compliance and proper documentation of assignments, making it a vital tool for both legal and business practices in Los Angeles.
Free preview
