31-2-219. Bond of assignees.
103 words·~1 min read·
/mt/title-31/chapter-2/part-2/31-2-219·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
31-2-219 . Bond of assignees. Within 30 days after the date of an assignment for the benefit of creditors, the assignee must enter into a bond to the state, for the use and benefit of the creditors, in such amount as may be fixed by a judge of the district court of the county in which the original inventory is filed, with sufficient sureties to be approved by such judge, and conditioned for the faithful discharge of the trust and the due accounting for all moneys received by the assignee, which bond must be filed in the same office with the original inventory.