CHAPTER 13. Effect of Bankruptcy Proceedings and General Assignments for the Benefit of Creditors [493.010. - 493.060.]

Chapter 13 added by Stats. 1977, Ch. 499.

§§ 493.010–493.060 · 6 sections

• § 493.010 As used in this chapter, “general assignment for the benefit of creditors” means an assignment which satisfies all of the following requirements: (a) The…
• § 493.020 Notwithstanding any other provision of this title, the defendant may make a general assignment for the benefit of creditors.
• § 493.030 (a) The making of a general assignment for the benefit of creditors terminates a lien of a temporary protective order or of attachment if the lien was created…
• § 493.040 (a) Where a lien of attachment terminates pursuant to Section 493.030, the assignee under a general assignment for the benefit of creditors or, in the case of…
• § 493.050 (a) The lien of a temporary protective order or of attachment, which has terminated pursuant to Section 493.030, is reinstated with the same effect as if it…
• § 493.060 (a) Upon the making of a general assignment for the benefit of creditors that terminates a lien under this chapter, the assignee is subrogated to the rights of…