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Montana · Through Montana Code Annotated 2025

31-2-223: Duties of assignee.

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Where this section sits in the code
  1. TITLE 31. CREDIT TRANSACTIONS AND RELATIONSHIPS
  2. CHAPTER 2. DEBTOR AND CREDITOR RELATIONSHIPS
  3. Part 2. Assignments for Benefit of Creditors

It shall be the duty of the assignee to:

(1) collect and reduce to money the property of the estate and close up the estate as expeditiously as possible;

(2) sell the property of the estate as soon as practicable and sell the accounts and bills receivable when deemed advisable;

(3) furnish such information concerning the estate as may be requested by parties in interest;

(4) keep regular accounts and pay dividends as often as is compatible with the best interests of the estate;

(5) file a final report and account at least 10 days before the hearing thereon.

Collected 2026-09-14T04:51:45Z. Source file · JSON

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