31-2-217: Effect of failing to record.
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
An assignment for the benefit of creditors is void against creditors of the assignor and against purchasers and encumbrances in good faith and for value unless it is recorded within 20 days after the date of the assignment.
Collected 2026-09-14T04:51:45Z. Source file · JSON