2A:17-76. Collection of and action on assigned debts by execution creditor
59 words·~1 min read·
/nj/title-2a/chapter-17/2a-17-76A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When debts due to a corporation have been delivered, transferred and assigned to an officer holding an execution against the corporation, for the use of the execution creditor, pursuant to section 2A:17-75 of this title, the creditor may sue for and collect the same, subject to such equitable set-offs on the part of the debtor as in other assignments.