31-2-206: Preference to be absolute.
Where this section sits in the code
- TITLE 31. CREDIT TRANSACTIONS AND RELATIONSHIPS
- CHAPTER 2. DEBTOR AND CREDITOR RELATIONSHIPS
- Part 2. Assignments for Benefit of Creditors
A preference in an assignment for the benefit of creditors can only be given absolutely and without reserving any power of revocation.
Collected 2026-09-14T04:51:45Z. Source file · JSON