54-9-3. Subsisting absolute or contingent liability of assignor.
25 words·~1 min read·
/sd/title-54/chapter-54-9/54-9-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An assignment for the benefit of creditors may provide for any subsisting liability of the assignor which he might lawfully pay, whether absolute or contingent.