Assignment of Specific Accounts as Security
for Your State
This Assignment of Specific Accounts as Security will successfully assign a party's specific accounts and book debts to another party. This assignment sets out the party to whom the accounts are assigned as security and detailed information regarding the assigned accounts (such as amount of the account and its payment terms).
This Assignment of Specific Accounts as Security will assign a party’s specific accounts and book debts to another party (the “Assignee”). In this Assignment the party making the assignment (the “Assignor”) assigns all amounts due under these specific accounts to the assignee as general and continuing collateral security for all existing or future indebtedness owed by Assignor. This Assignment sets out the specific terms of the arrangement including a detailed list of assigned accounts. It is imperative that this type of transaction be clearly set out in writing. A written Assignment of Specific Accounts as Security will be important if there are disputes or misunderstandings between the parties regarding the security.
This Assignment of Specific Accounts as Security contains the following provisions:
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This attorney-prepared packet includes:
This Assignment of Specific Accounts as Security contains the following provisions:
- Assignor: Sets out the name of the person receiving the assignment;
- Accounts: Schedule A to this assignment sets out the specific accounts including the date of the account, name, address and phone number of account payer, amount owed and terms of payment;
- Other Documents: The Assignor shall at the request of the Assignee execute any and all other financial documents necessary to effect this assignment;
- Signature: The Assignor must date and sign this document in the presence of a witness.
Protect yourself and your rights by using our attorney-prepared up-to-date forms.
This attorney-prepared packet includes:
- General Instructions
- Assignment of Specific Accounts as Security
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Number of Pages5
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28613
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
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