Colorado § 6-10-102 General assignment

Colorado Statutes

§ 6-10-102 — General assignment

Colorado·Title 06 Consumer·Art. Assignments in General

Any person may make a general assignment
for the benefit of his creditors by deed duly acknowledged. When filed for record in
the office of the clerk and recorder of the county where the assignor resides or, if a
nonresident, where his principal place of business is in this state, such deed shall
vest in the assignee in trust for the use and benefit of such creditors all the
property of the assignor, excepting only such as is by law not subject to levy and
sale under execution, subject, however, to all valid and subsisting liens.

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Any person may make a general assignment
for the benefit of his creditors by deed duly acknowledged. When filed for record in
the office of the clerk and recorder of the county where the assignor resides or, if a
nonresident, where his principal place of business is in this state, such deed shall
vest in the assignee in trust for the use and benefit of such creditors all the
property of the assignor, excepting only such as is by law not subject to levy and
sale under execution, subject, however, to all valid and subsisting liens.

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