Form Vtr 264 PDF Details

Form Vtr 264 is a two-part California form that must be filed in order to terminate a restricted stock purchase agreement. The form is used to notify the company and all holders of the affected securities of the proposed termination. This form must be filed with the Secretary of State no later than fifteen days before the proposed effective date of the termination. If you are considering terminating your restricted stock purchase agreement, it is important to understand how this will impact your rights and obligations under the agreement. Consulting with an experienced attorney can help ensure that all steps are taken properly and that your interests are protected.

You might find it beneficial to know the amount of time you will need to fill in this form vtr 264 and exactly how lengthy this document is.

QuestionAnswer
Form NameForm Vtr 264
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namestexas repo affidavit, texas form vtr 264, texas vtr 264, form texas repossession

Form Preview Example

Affidavit for Repossessed

Motor Vehicle

Form VTR-264

(Rev. 03/10)

Page 1 of 1

Submit this form, along with any transfer documents, to your county tax assessor-collector's office for processing.

YEAR MODEL

MAKE

BODY STYLE

VEHICLE IDENTIFICATION NUMBER

TEXAS CERTIFICATE OF TITLE DOCUMENT NUMBER

This vehicle was repossessed because of the failure of the owner(s) to meet the legal obligation regarding the vehicle. This repossession is not made with intent to defeat the purpose of the Texas Motor Vehicle Safety Responsibility Act, which provides that a person cannot legally operate a motor vehicle in Texas without liability insurance coverage.

METHOD OF REPOSSESSION: PLEASE MARK THE APPROPRIATE BOX.

SUPPORTING DOCUMENTS MUST BE ATTACHED TO THE TITLE APPLICATION WITH THIS AFFIDAVIT.

TERMS OF SECURITY (LIEN) AGREEMENT

If a lien is not recorded on the Texas Title. The lienholder (dealer included) must apply for a Texas Certificate of Title in their name with a copy of the security agreement before reselling the vehicle.

SEQUESTRATION

The original or a certified copy of the Sheriff's Bill of Sale must be attached to the title transaction.

(A Writ of Sequestration ordering a sheriff or constable to seize property may be issued by Judges and Clerks of the District and County Courts and Justices of the Peace.)

FLOOR PLAN LIEN

DEALER’S GENERAL DISTINGUISHING NUMBER

PRINT DEALER NAME

A “Floor Plan” lien covers vehicles in a dealer’s inventory. If the dealer is in default under the terms of the security agreement, the lienholder may repossess and transfer ownership without securing title in the dealer’s name. In such instances, an application for title in the name of the purchaser must be supported by the following documentation:

1.Manufacturer’s certificate or certificate of title properly assigned to the dealership and reassigned to the purchaser by the lienholder.

2.Form VTR-264, Affidavit for Repossessed Motor Vehicle.

3.Photocopy of the Security Agreement or Secretary of State’s Form UCC-1.

This is to certify that the undersigned has repossessed the above motor vehicle.

NAME OF LIENHOLDER

(AREA CODE) PHONE OF AUTHORIZED AGENT

 

 

PRINTED NAME OF AUTHORIZED AGENT

SIGNATURE OF AUTHORIZED AGENT

Before me, this day personally appeared the above affiant who by me being duly sworn upon oath says that the statements set forth above are true and correct.

Subscribed and sworn to before me this

 

 

day of

 

 

, year

.

Notary Public

 

 

 

 

 

 

 

 

 

 

 

Notary Public

 

 

 

County, Texas

WARNING: State law provides that falsifying information on any required statement or application is a third degree felony.

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