Chapter 09 - Assignment For Benefit Of Creditors

Chapter 09 - Assignment For Benefit Of Creditors

§ 54-9-1 Execution of assignment by insolvent debtor.
§ 54-9-2 Instrument of assignment--Execution--Acknowledgment or proof--Recording--Defective execution invalidates assignment.
§ 54-9-3 Subsisting absolute or contingent liability of assignor.
§ 54-9-4 Repealed.
§ 54-9-5 Assignment invalid against creditor of assignor not assenting thereto.
§ 54-9-6 Property exempt from execution--Life insurance--Effect of assignment.
§ 54-9-7 Inventory required of assignor--Contents--Verification.
§ 54-9-8 Recording assignment and filing inventory.
§ 54-9-9 Effect of omitting to record--Assignment of real property.
§ 54-9-10 Assent of creditors necessary to modification of assignment.
§ 54-9-11 Bond of assignee--Amount--Approval of sureties by circuit court--Terms and conditions.
§ 54-9-12 Disposal or conversion of estate--Authority of assignee.
§ 54-9-13 Assignee takes subject to rights of third parties--Nonliability for acts done in good faith under void assignment.
§ 54-9-13.1 Action by assignee against person receiving property of debtor in fraud of creditors.
§ 54-9-13.2 Action by assignee against creditor receiving voluntary transfer from insolvent assignor.
§ 54-9-13.3 Duties of assignee.
§ 54-9-13.4 Notice to creditors to present verified claims--Publication.
§ 54-9-13.5 Contents of creditor's claim--Claim founded upon instrument.
§ 54-9-13.6 Time limitation on filing creditor's claim.
§ 54-9-13.7 Wages and commissions as preferred claims--Limitation on amount--"Traveling or city salesmen" defined.
§ 54-9-13.8 Sale or compromise of claims or property of estate--Liability of assignee.
§ 54-9-13.9 Sales at public auction--Procedure for private sales and sales of perishable property.
§ 54-9-14 Compensation of assignee.
§ 54-9-15 Proceeding subject to order and supervision of circuit court--Rendition of accounts and filing of reports by assignee--Distribution of trust estate.
§ 54-9-15.1 Power of court to take and state accounts.
§ 54-9-15.2 Accountants and attorneys appointed by court--Compensation of attorneys.
§ 54-9-16 Accounting of assignee.
§ 54-9-16.1 Deposit of funds in court for distribution subsequent to discharge of assignee.
§ 54-9-17 Removal of assignee by circuit court--Appointment and delivery of property to successor.
§ 54-9-18 Removal of assignee by circuit court--Discharge on full accounting and surrender of property to new assignee.
§ 54-9-19 Discharge of assignee upon full compliance with trust.
§ 54-9-20 Application of assignee for discharge--Notice by publication.
§ 54-9-21 Hearing upon application of assignee for discharge--Order requiring the performance of acts not completed--Order of discharge, granting, effect.
§ 54-9-22 Federal bankruptcy proceedings, possession of estate taken from assignee--Discharge of assignee on full accounting to trustee in bankruptcy.

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