Bill of Sale by Liquidating Trustee

Document Sample
Bill of Sale by Liquidating Trustee Powered By Docstoc
					This Bill of Sale by Liquidating Trustee is a bill of sale executed by a Trustee acting on
behalf of a Company wherein the Trustee transfers, conveys and assigns all right, title
and interest to any unpaid judgments, promissory notes and debts of the Company
which are presently held by the Trustee to another party. This document in its draft form
contains numerous of the standard clauses commonly used in these types of
agreements, as well as optional language to allow for customization to ensure the
specific terms of the parties’ agreement are addressed. Use this form if you are a
Trustee appointed to liquidate the assets of a Company.
                 BILL OF SALE BY LIQUIDATING TRUSTEE



STATE OF ______________                        )        IN THE MATTER OF: _________________
                                               )        THE SALE OF SHARES IN THE CAPITAL
County of _______________                      )        STOCK OF _____________
                                               )
                                               )        Case Number (if any): _____________________
                                               )

{Instruction: Above and to the right, fill in the name of the case in the space provided, as well
as the name of the stock that is being sold.}

   THE UNDERSIGNED, being the Liquidating Trustee of _______________[ PROVIDE
THE NAME OF THE TRUST], and for good and valuable consideration now paid by
______________ [PROVIDE NAME OF THE PERSON WHO IS MAKING THIS
PAYMENT] to the undersigned, the receipt of which is hereby acknowledged as received, the
undersigned Liquidating Trustee of _____________ [PROVIDE NAME] hereby sells, transfers,
conveys to _______________[PROVIDE NAME OF PERSON OR COMPANY OR
BUSINESS WHO WILL BE RECEIVING THE STOCK FROM THE TRUSTEE], all of
the right, title and interest now held by the undersigned in and to any unpaid judgments,
promissory notes and other debt receivables now due and owing to _________________
[PROVIDE NAME] and the undersigned hereby relinquishes all of the undersigned’s right, title
and interest in and to the unpaid judgments, promissory notes and other debt receivables to
________________[PROVIDE NAME OF PERSON OR COMPANY OR BUSINESS
WHO WILL BE RECEIVING THE STOCK FROM THE TRUSTEE].


SWORN BEFORE ME                                         )
at the City of _____________,                           )
in the County of _______________                        )
this _____ day of ___________, 201___                   )
                                                        )        Name and Signature of Trustee
                                                        )
                                                        )
A Notary Public




© Copyright 2011 Docstoc Inc. registered document proprietary, copy not                          2

				
DOCUMENT INFO
Description: This Bill of Sale by Liquidating Trustee is a bill of sale executed by a Trustee acting on behalf of a Company wherein the Trustee transfers, conveys and assigns all right, title and interest to any unpaid judgments, promissory notes and debts of the Company which are presently held by the Trustee to another party.  This document in its draft form contains numerous of the standard clauses commonly used in these types of agreements, as well as optional language to allow for customization to ensure the specific terms of the parties’ agreement are addressed. Use this form if you are a Trustee appointed to liquidate the assets of a Company.