DEBTOR AND CREDITOR LAW

L. 1909, Ch. 17. "An Act relating to debtors and creditors, constituting chapter twelve of the Consolidated Laws."

(In effect February 17, 1909.)

CHAPTER 12 OF THE CONSOLIDATED LAWS

[This is a consolidation of general statutes the former location of which is noted under each section.]

2. General assignments for the benefit of creditors. (§§ 2-28).

3. Insolvent's discharge from debts (§§ 50-88).

4. Insolvent's exemption from arrest and imprisonment (SS 100-111).

5. Judgment debtor's discharge from imprisonment
(§§ 120-139).

6. Discharge of bankrupt from judgment (§ 150).
7. Trustees of insolvent and imprisoned debtors
(§§ 160-218).

8. Compositions by joint debtors (§§ 230-233).

9. Payment of debts of incompetent person (§§ 250

255).

10. Laws repealed; when to take effect (§§ 280, 281).

Section 2. Jurisdiction of proceedings.

3. Requisites of general assignment.
4. Debtor's schedule.

$ 2

General Assignments for the Benefit of Creditors.

Section 5. Notice to creditors to present claims.

6. Bond of assignee.

7. Further security.

Art. 2

8. *Discharge of assignee; accounting; correction of schedules.

9. Failure to file bond.

10. Action on bond; application of recovery.
11. Proceedings in case of death of assignee.
12. Citation for judicial settlement of account.
13. Citation on petition of creditor.

14. Service of citation.

15. Time of service of citation.

16. Service by publication.

17. Personal service without the state.

18. Service upon minors and incompetent persons.

19. Service upon partners.

20. Appearance of claimants not cited.

21. Power of court on accounting.

22. Examination of witnesses.

23. Effect of orders; power of judge and duties of clerk.

24. Sale and compromise of claims.

25. General powers of court.

26. Trial, costs and commissions.
27. Wages preferred claims.

28. Limitation of preferences.

29. Appraisal of insolvent estate in the hands of assignees. § 2. Jurisdiction of proceedings. The term "judge" when used in this article shall apply equally to a county judge of the county within which the assignment is recorded and to justices of the supreme court, and the term "court" when used in this article shall, in like manner, apply to the county court of such county and to the supreme court. All applications hereunder made in the supreme court shall be made to the court, or a justice thereof within the judicial district where the assignment is recorded, and all proceedings and hearings under this article had in the supreme court upon the return of a citation shall be had at a special term of said court held in the county where the judg ment debtor resided at the time of the assignment, or in case of an assignment by copartners, in the county where the principal place of business of such copartners was at the time of such assignment.

Formerly L. 1885, ch. 380, § 1.

*So in original.

Added by L. 1909, ch. 240, § 10.