No such deed of general assignment of property by an insolvent, or in contemplation
of insolvency, for the benefit of creditors, shall be valid, unless by its terms it
is made for the benefit of all his creditors in proportion to the amount of their
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Response sent, thank you
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.