Assignment for Benefit of Creditors

  1. Law
  2. Rhode Island General Laws
  3. Courts and Civil Procedure – Procedure in Particular Actions
  4. Assignment for Benefit of Creditors

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Section
10-4-1

Residence of assignee - Bond.

Section
10-4-2

Filing of schedules and lists - Certificate of deed of assignment.

Section
10-4-3

Place of filing of papers.

Section
10-4-4

Recording and notice of assignments.

Section
10-4-5

Removal or replacement of assignee.

Section
10-4-6

Effect of assignment on liens.

Section
10-4-7

Sale of assigned property - Continuation of business - Redemption of property subject to liens.

Section
10-4-8

Demands for and protection of property by assignee.

Section
10-4-9

Effect on suits and proceedings of death, resignation, or removal of assignee.

Section
10-4-10

Dividends to creditors - Assignee's report - Discharge of surety on bond.

Section
10-4-11

Record of proceedings.

Section
10-4-12

Appeal to supreme court - Certification of questions.

Section
10-4-13

Chancery jurisdiction preserved - Provisions mandatory.