31-2-217. Effect of failing to record.
45 words·~1 min read·
/mt/title-31/chapter-2/part-2/31-2-217·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
31-2-217 . Effect of failing to record. An assignment for the benefit of creditors is void against creditors of the assignor and against purchasers and encumbrances in good faith and for value unless it is recorded within 20 days after the date of the assignment.