RE: nols being transferred to creditors to offset CODI ——//——-//—- Cannot be transferred. It will loose its value. Equity holders own it. without the NoL, equity holders will be out of the game. Maybe you’re confused on what you’ve read. The word “transfer” is wrong for NOL VERY WRONG!!!! Good reader but lack of technicality ?? No business knowledge ?? No theory?? I my self cannot use your own tax rite off for my tax filings even if you allow me. It’s also not transferable.