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Current as of January 01, 2022 | Updated by FindLaw Staff
No assignee or receiver shall purchase, directly or indirectly, any part of the assets of such insolvent except by leave of court, after notice to all the known creditors; nor shall he employ any person as manager or attorney who is related to the assignor, or has any interest, individually or as attorney, for any particular creditor, or in opposition to an equal distribution of the whole of the assignor's estate among all his creditors.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 39 P.S. Insolvency and Assignments § 79. Purchase by assignee or receiver; employment of manager or attorney - last updated January 01, 2022 | https://codes.findlaw.com/pa/title-39-ps-insolvency-and-assignments/pa-st-sect-39-79/
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