GroundRules
Miss. Code Ann. § 85-1-5: Bond of assignee or trustee.
Where this section sits in the code
- Title 85. Debtor-Creditor Relationship
- Chapter 1. Assignment for Benefit of Creditors
The assignee or trustee must file a bond with his petition, to be approved by the clerk, in a penalty equal to the value of all the property assigned and Two Hundred and Fifty Dollars ($250.00) additional, payable to the state, with at least two (2) sufficient sureties, conditioned for the faithful administration of his trust. Any judgment or decree that may be rendered in said cause or proceeding against the principal in the bond may be rendered against the sureties therein.
Collected 2026-10-27T05:54:37Z. Source file · JSON
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Mississippi electronic product files were republished by Public.Resource.Org under a public-domain dedication. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows. Source