Deposit of funds in court for distribution subsequent to discharge of assignee.

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54-9-16.1. Deposit of funds in court for distribution subsequent to discharge of assignee.

If, in his final accounting, the assignee shall set forth that for any cause distribution cannot be made to any creditor or creditors, the court may order the funds due them deposited with the clerk of the court for future distribution upon further order of the court subsequent to the discharge of the assignee.

Source: SDC Supp 1960, ch 37.51 as added by SL 1969, ch 162, §7.


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