For a bulk transfer to be effective,a buyer must keep the list of creditors and list of property for six months.

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According to the Uniform Commercial Code (UCC) § 9-317, a buyer of accounts or chattel paper in a bulk transfer must keep the list of creditors and list of property for at least six months after the transfer, or until the transferor provides a written statement that all creditors have been notified about the transfer. This requirement is designed to protect the interests of the creditors, who may have a security interest in the assets being transferred, and to provide a mechanism for challenging unauthorized or fraudulent transfers. Therefore, it is important for the buyer to comply with this requirement to ensure the validity and enforceability of the transfer.

For a Bulk Transfer to Be Effective,a Buyer Must Keep