Non-Recourse Agreement and Release (USA)
Price $10.00
Document Id : 8939
Prepare a Non-Recourse Agreement and Release to release a shareholder from liability for a corporate debt with this template form for the USA.
- The lender releases the shareholder from any personal liability for the corporation’s loan, in return for a lump sum payment from the shareholder.
- The lender agrees not to seek judgment against the shareholder if the corporation defaults under the loan documents.
- The agreement is not to be considered a novation of the indebtedness.
This
USA Non-Recourse Agreement and Release form is a Microsoft Word document template and is fully editable to meet your needs.
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