Account Form Statement For Sbi In Tarrant
Category:
State:
Multi-State
County:
Tarrant
Control #:
US-00400
Format:
Word;
Rich Text
Instant download
Description
The Account Form Statement for SBI in Tarrant serves as a legal document for the assignment of accounts receivable, allowing the Assignor to convey their rights in the accounts to the Assignee. Key features of the form include a declaration of ownership of accounts, the provision of an itemized list in Exhibit 'A', and representations about the collection and status of those accounts. The form requires the Assignor to confirm there are no outstanding disputes regarding the accounts, and it details how any payments received after a specified date must be handled. Filling the form requires attention to detail, including specifying recourse conditions and attaching necessary documentation. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in financial transactions or debt collection processes, allowing for a clear and legally binding transfer of account rights. Proper completion ensures compliance with legal standards while protecting the interests of both parties involved in the assignment.
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