District of Columbia Statutes

§ 28-2107 — Preferences prohibited.

District of Columbia § 28-2107
JurisdictionDistrict of Columbia
Title 28Commercial Instruments and Transactions. [Enacted title]
Ch. 21Assignment for Benefit of Creditors.

This text of District of Columbia § 28-2107 (Preferences prohibited.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
D.C. Code § 28-2107 (2026).

Text

A provision in a voluntary assignment made for the payment of one debt or liability in preference to another is void, and all debts and liabilities within the provisions of the assignment shall be paid pro rata from the assets. This section does not affect the priority of liens and incumbrances created bona fide and existing before the execution of the assignment.

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Related

Stern v. J. Nichols Produce Co., Inc.
486 A.2d 84 (District of Columbia Court of Appeals, 1984)
5 case citations
Conner v. 1747 Pennsylvania Avenue Associates, L.P.
669 A.2d 693 (District of Columbia Court of Appeals, 1995)
2 case citations

Legislative History

Aug. 30, 1964, 78 Stat. 669, Pub. L. 88-509, § 1

Nearby Sections

15
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Bluebook (online)
District of Columbia § 28-2107, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/28-2107.