Iowa Code § 681.1: Must be without preferences.
Where this section sits in the code
- Title XV - JUDICIAL BRANCH AND JUDICIAL PROCEDURES (Ch. 595 - 686D)
- Chapter 681 - ASSIGNMENT FOR BENEFIT OF CREDITORS
No general assignment of property by an insolvent person, firm, or corporation, or in contemplation of insolvency, for the benefit of creditors, shall be valid unless it be made for the benefit of all the creditors in proportion to the amount of their respective claims; and in every such assignment the assent of the creditors shall be presumed.
Collected 2026-09-14T19:40:17Z. Source file · JSON