What does in lieu mean in a letter?

To be in lieu of something is to replace it or substitute for it. A restaurant that's run out of clams might serve French onion soup in lieu of chowder.

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Illinois
Letter in Lieu of Transfer Order

Illinois Letter in Lieu of Transfer Order

Category:

Oil Gas and Minerals - Division and Transfer Orders

State:

Multi-State

Control #:

US-OG-471

Format:

Instant download

Description

The Letter-in-Lieu of Transfer Order form, is a request for a change of a company's records to reflect the buyer as the owner of the sellers interest in the conveyed properties.

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FAQ

To be in lieu of something is to replace it or substitute for it. A restaurant that's run out of clams might serve French onion soup in lieu of chowder.

A letter sent to a buyer of oil and gas when a producing oil and gas property is sold. It directs the addressee to make the payments for the production directly to the new owner of the property. This letter is an alternative to traditional transfer orders.