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Assignment Separate From Stock Certificate

Also known as: Assignment of Stock,  Assignment of Stock as Collateral, Assignment Agreement

Assignment Separate From Stock Certificate

This is a form to transfer stocks held to another party. Note that a separate agreement for the sale or transfer of the stock may be appropriate.

Assignment Separate From Stock/Partial Sample

FOR VALUE RECEIVED, the undersigned hereby sell, assign and transfer unto

____________________________________

____________________________________

____________________________________

____________________________________ shares of

the _____________Capital Stock of _______________ represented

by Certificate(s) No. ____________

Why is an Assignment Separate From Stock form used?

An assignment for the benefit of creditors, sometimes called simply an assignment, is an alternative to bankruptcy, whereby the assets of a company are assigned to the creditors and liquidated for their benefit by a trustee.

Before you sign the agreement......

    NOTICE : The information in this document is designed to provide an outline that you can follow when formulating business or personal plans. Due to the variances of many local, city, county and state laws, we recommend that you seek professional legal counseling before entering into any contract or agreement.

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