GroundRules
31-2-229: Assignees protected for acts done in good faith.
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 assignee for the benefit of creditors may not be held liable for acts done in good faith in the execution of the trust merely for the reason that the assignment is afterwards adjudged void.
Collected 2026-09-14T04:51:45Z. Source file · JSON