56-9-23: [Old bond is valid until new bond approved.]
Where this section sits in the code
- Chapter 56 - Commercial Instruments and Transactions
- ARTICLE 9 Transfers to Prefer Creditors - Voluntary Assignments
Such bond shall be valid until such new bond be given and approved, notwithstanding its rejection by the court, and such new bond, when approved, shall relate back and operate from the date of assignment.
Collected 2026-09-03T15:02:20Z. Source file · JSON