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Code · South Dakota · Title 54 · Chapter 54-9

54-9-22. Federal bankruptcy proceedings, possession of estate taken from assignee--Discharge of assignee on full accounting to trustee in bankruptcy.

54 words·~1 min read·/sd/title-54/chapter-54-9/54-9-22·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Whenever the trust estate shall have been taken out of the hands of the assignee by proceedings in bankruptcy in the federal court, the assignee may in like manner be discharged, upon showing that he has fully accounted to the trustee in bankruptcy, and turned over to him the whole of the trust estate.
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