PMSI Notice for Consignments | Practical Law

PMSI Notice for Consignments | Practical Law

A form letter that the consignor (seller) can use to notify creditors of the consignee (buyer) who have a security interest in the consignee's inventory that the consignor has a purchase-money security interest (PMSI) in the goods that the consignor has placed on consignment with the consignee for resale. This Standard Document has integrated notes with important explanations and drafting tips.

PMSI Notice for Consignments

Practical Law Standard Document 7-524-3108 (Approx. 8 pages)

PMSI Notice for Consignments

by Practical Law Commercial Transactions
MaintainedUSA (National/Federal)
A form letter that the consignor (seller) can use to notify creditors of the consignee (buyer) who have a security interest in the consignee's inventory that the consignor has a purchase-money security interest (PMSI) in the goods that the consignor has placed on consignment with the consignee for resale. This Standard Document has integrated notes with important explanations and drafting tips.