Orange California Provision in Bulk Sales Agreement Regarding Information to be Supplied by Seller

State:
Multi-State
County:
Orange
Control #:
US-00950BG
Format:
Word; 
Rich Text
Instant download

Description

A bulk sale is a sale of goods by a business which engages in selling items out of inventory, often in liquidating or selling a business, and is governed by Article 6 of the Uniform Commercial Code (UCC) which deals with bulk sales. Article 6 has been adopted at least in part in all states. If the parties do not comply with the notification process for a bulk sale, creditors of the seller may obtain a declaration that the sale was invalid against the creditors and the creditors may take possession of the goods or obtain judgment for any proceeds the buyer received from a subsequent sale.

UCC Section 6-104 specifies the duties of the bulk sales buyer, including determining the identity of the seller, and preparation of a list of claimants and a schedule of distribution. These duties are imposed on the buyer in order to give claimants the opportunity to learn of the bulk sale before the seller has been paid and disappeared with the money.

How to fill out Orange California Provision In Bulk Sales Agreement Regarding Information To Be Supplied By Seller?

Laws and regulations in every area differ throughout the country. If you're not an attorney, it's easy to get lost in countless norms when it comes to drafting legal documentation. To avoid costly legal assistance when preparing the Orange Provision in Bulk Sales Agreement Regarding Information to be Supplied by Seller, you need a verified template valid for your region. That's when using the US Legal Forms platform is so advantageous.

US Legal Forms is a trusted by millions online library of more than 85,000 state-specific legal templates. It's an excellent solution for professionals and individuals searching for do-it-yourself templates for various life and business situations. All the documents can be used many times: once you pick a sample, it remains available in your profile for further use. Therefore, when you have an account with a valid subscription, you can just log in and re-download the Orange Provision in Bulk Sales Agreement Regarding Information to be Supplied by Seller from the My Forms tab.

For new users, it's necessary to make several more steps to get the Orange Provision in Bulk Sales Agreement Regarding Information to be Supplied by Seller:

  1. Take a look at the page content to ensure you found the appropriate sample.
  2. Utilize the Preview option or read the form description if available.
  3. Look for another doc if there are inconsistencies with any of your criteria.
  4. Use the Buy Now button to obtain the template once you find the correct one.
  5. Choose one of the subscription plans and log in or sign up for an account.
  6. Decide how you prefer to pay for your subscription (with a credit card or PayPal).
  7. Select the format you want to save the file in and click Download.
  8. Fill out and sign the template on paper after printing it or do it all electronically.

That's the easiest and most affordable way to get up-to-date templates for any legal reasons. Find them all in clicks and keep your paperwork in order with the US Legal Forms!

Trusted and secure by over 3 million people of the world’s leading companies

Orange California Provision in Bulk Sales Agreement Regarding Information to be Supplied by Seller