---
title: "Build a closing funds-flow and deliverables list from the draft"
url: "https://ailawframework.com/practice/mergers-and-acquisitions-private-equity/prepare-a-completion-funds-flow-and-deliverables-list/united-states"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A2-A20260923-3-US"
practice_area: "Mergers & Acquisitions / Private Equity"
tier: "yellow"
lawyer_review: "required"
jurisdictions: ["US"]
last_reviewed: "2026-10-22"
---

# Build a closing funds-flow and deliverables list from the draft

> Turn the draft agreement's closing section into a table of who pays whom, the document to be delivered and the clause number. Do not calculate tax and do not draft a funds-flow memorandum.

Canonical page: https://ailawframework.com/practice/mergers-and-acquisitions-private-equity/prepare-a-completion-funds-flow-and-deliverables-list/united-states  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Mergers & Acquisitions / Private Equity](https://ailawframework.com/practice/mergers-and-acquisitions-private-equity.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | Turn the draft agreement's closing section into a table of who pays whom, the document to be delivered and the clause number. Do not calculate tax and do not draft a funds-flow memorandum. |
| What the lawyer must review | For a merger of Delaware corporations, § 251 of the General Corporation Law requires the agreement to be submitted to stockholders, with notice at least 20 days before the meeting, unless a later subsection of § 251 removes the vote, and the instrument filed with the Secretary of State is the agreement or a certificate of merger. Section 251 does not govern a stock purchase or an asset purchase, and it does not govern a corporation formed in another state. Opinion 512 requires you to verify any extract you rely on. You confirm wire instructions and signing authority yourself. |
| Written for | United States |
| Applies to | [Prepare a completion funds-flow and deliverables list](https://ailawframework.com/practice/mergers-and-acquisitions-private-equity/prepare-a-completion-funds-flow-and-deliverables-list.md) |

## Checking plan

- What the AI does: Turn the draft agreement's closing section into a table of who pays whom, the document to be delivered and the clause number. Do not calculate tax and do not draft a funds-flow memorandum.
- Basis: Checked against the linked sources on 22 October 2026. Confirm the current instrument before reliance.

## Notes

- Section 251 is Delaware only. Do not assume it.
- The table is a working paper. It is not a direction to a bank.

## Sources

- [Delaware General Corporation Law, Title 8, Chapter 1, Subchapter IX, including § 251](https://delcode.delaware.gov/title8/c001/sc09/index.html) (checked 2026-10-22)
- [ABA Formal Opinion 512, Generative Artificial Intelligence Tools (29 July 2024)](https://www.americanbar.org/content/dam/aba/administrative/professional_responsibility/ethics-opinions/aba-formal-opinion-512.pdf) (checked 2026-10-22)

## Forms and precedents for this task

| Form or precedent | Kind | AI level | Summary |
| --- | --- | --- | --- |
| [Share sale completion agenda, deliverables checklist and funds flow (private company)](https://ailawframework.com/precedents/mergers-and-acquisitions-private-equity/share-sale-completion-agenda-and-checklist.md) | Checklist | Yellow | A completion agenda for the purchase of all the shares in an Australian proprietary company: conditions confirmed, deliverables from each side, board meeting business, funds flow, and the record of… |
| [Private acquisition closing checklist (United States)](https://ailawframework.com/precedents/mergers-and-acquisitions-private-equity/us-closing-checklist.md) | Checklist | Yellow | Closing checklist for a US private stock or asset purchase: authority, Hart-Scott-Rodino, third-party consents, intellectual property, employees and funds flow. It tracks conditions.… |

Signed-in accounts can read the full text of each one.

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*