Iowa Statutes
§ 681.1 — Must be without preferences
Iowa § 681.1
JurisdictionIowa
Title XVJUDICIAL BRANCH AND JUDICIAL PROCEDURES
Ch. 681ASSIGNMENT FOR BENEFIT OF CREDITORS
This text of Iowa § 681.1 (Must be without preferences) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Iowa Code § 681.1 (2026).
Text
No general assignment of property by an insolvent person, firm, or corporation, or in
contemplation of insolvency, for the benefit of creditors, shall be valid unless it be made for
the benefit of all the creditors in proportion to the amount of their respective claims; and in
every such assignment the assent of the creditors shall be presumed.
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Legislative History
[C51,§977,978; R60,§1826,1827; C73,§2115,2116; C97,§3071; C24,27,31,35,39,§12720;
C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §681.1]
Nearby Sections
15
§ 681.1
Must be without preferences§ 681.10
Report required§ 681.11
Claims contested§ 681.13
Labor claims preferred§ 681.14
Dividends — compensation§ 681.15
Absent creditor§ 681.16
Power of court§ 681.19
Examination of debtor§ 681.2
How made§ 681.21
Claims not due§ 681.22
Claims filed after three monthsCite This Page — Counsel Stack
Bluebook (online)
Iowa § 681.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/681.1.