Rejected bond valid until new one given — new bond relates back.

  1. Law
  2. Missouri Revised Statutes
  3. Debtor-Creditor Relations
  4. Assignment for Benefit of Creditors
  5. Rejected bond valid until new one given — new bond relates back.

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Effective - 28 Aug 1939

426.120. Rejected bond valid until new one given — new bond relates back. — 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 be operative from the date of assignment.

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(RSMo 1939 § 5750)

Prior revisions: 1929 § 5640; 1919 § 636; 1909 § 909


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