Assignment of accounts receivable, priority as to liens: Article 62A. An accounts receivable purchase agreement is a legally binding contract that governs the purchase of accounts receivable between parties in a specific location.The primary purpose of the system is to bill debtors for amounts owed to DOI and to follow-up on unpaid debts. Find accounts receivable purchase lawyers for Washington to hire. No cost to post a project to get multiple bids in hours to compare before hiring. Accounting Manual for. Anyone seeking advice or assistance to fill out such forms should contact a legal clinic or lawyer. Operation of the Hospital and all rights to receive the same, whether in the form of Accounts Receivable, contract rights, chattel paper, instruments or. Contractors aren't necessarily able to complete, bill and collect on a contract in the same month.