§ 6-10-118 — Removal of assignee by court

Colorado § 6-10-118

• Jurisdiction: Colorado
• Title 06: Consumer
• Art.: Assignments in General

Text

The court may remove the assignee
for neglect in the execution of the trust, for fraud, for misapplying the trust, or
wasting the estate, for failure to comply with the provisions of this article, or to
obey the orders of, or to submit to the supervision of the court, or for any other
good cause shown. The assignee may also be removed upon the petition of the
majority in number and value of the creditors, unless the court is satisfied that such
removal would not be for the best interest of the trust estate.

Legislative History

Source: L. 1897: p. 98, � 15. R.S. 08: � 191. C.L. � 6258. CSA: C. 12, � 18. CRS 53: � 11-1-18. C.R.S. 1963: � 11-1-18.