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Current as of January 01, 2025 | Updated by Findlaw Staff
Upon a written application of a majority of the creditors in amount the court shall remove the assignee and appoint in the assignee's stead a person approved by the creditors in the same number and amount, and the person so removed shall immediately turn over to the clerk of the court, or any person appointed by the court, all money and property of the estate in the removed assignee's hands.
Cite this article: FindLaw.com - Utah Code Title 6. Assignment for Benefit of Creditors § 6-1-17. Removal of assignee - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-6-assignment-for-benefit-of-creditors/ut-code-sect-6-1-17/
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 before relying on it for your legal needs.
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