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  8. Chapter 10-4 Assignment for Benefit of Creditors


Chapter 10-4 Assignment for Benefit of Creditors


  • Section 10-4-1 Residence of assignee - Bond.
  • Section 10-4-2 Filing of schedules and lists - Certificate of deed of assignment.
  • Section 10-4-3 Place of filing of papers.
  • Section 10-4-4 Recording and notice of assignments.
  • Section 10-4-5 Removal or replacement of assignee.
  • Section 10-4-6 Effect of assignment on liens.
  • Section 10-4-7 Sale of assigned property - Continuation of business - Redemption of property subject to liens.
  • Section 10-4-8 Demands for and protection of property by assignee.
  • Section 10-4-9 Effect on suits and proceedings of death, resignation, or removal of assignee.
  • Section 10-4-10 Dividends to creditors - Assignee's report - Discharge of surety on bond.
  • Section 10-4-11 Record of proceedings.
  • Section 10-4-12 Appeal to supreme court - Certification of questions.
  • Section 10-4-13 Chancery jurisdiction preserved - Provisions mandatory.
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