Notice of Liability Statement - Transferee of a Transferee. The example shows how to prepare the Notice of Liability (NOL) statement for the transferee of a transferee of assets of a corporation. The example involves full liability for an unpaid deficiency of the transferor. ABCD Company was the transferor, and EFGH Corp. was the original transferee. EFGH Corp. was dissolved and Richard Robin received assets of EFGH Corp. EFGH Corp. is the first transferee and Richard Robin is the second transferee. The NOL is addressed to Richard Robin. The income tax liability of the ABCD Co. was $24,000. Richard Robin’s liability is $24,000 as transferee of assets of EFGH Corp, transferee of assets of the ABCD Co. for the income tax deficiency due from ABCD Co. for the tax year shown.