Missouri § 426.310 Sale of property assigned, how made.

Missouri Statutes

§ 426.310 — Sale of property assigned, how made.

Missouri § 426.310

Title XXVIIDEBTOR-CREDITOR RELATIONS

Ch. 426Assignment for Benefit of Creditors

This text of Missouri § 426.310 (Sale of property assigned, how made.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 426.310 (2026).

Text

The circuit court shall make an order for the sale of all the real and personal estate conveyed by any deed of assignment, either for cash in hand, or upon such reasonable credit and upon such other terms and notice as shall appear to the court to be most advantageous to all the parties in interest, and shall, by order, direct the nature of the security to be taken at sales made by assignees under this chapter.  Before any sale of such real estate shall be made, the assignee shall give bond, with at least two good securities, to be approved by the court in an amount equal to the value of the real estate to be sold, conditioned that the said assignee will faithfully make the same under such order, and duly account for the proceeds thereof under the provisions of this chapter.

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The circuit court shall make an order for the sale of all the real and personal estate conveyed by any deed of assignment, either for cash in hand, or upon such reasonable credit and upon such other terms and notice as shall appear to the court to be most advantageous to all the parties in interest, and shall, by order, direct the nature of the security to be taken at sales made by assignees under this chapter. Before any sale of such real estate shall be made, the assignee shall give bond, with at least two good securities, to be approved by the court in an amount equal to the value of the real estate to be sold, conditioned that the said assignee will faithfully make the same under such order, and duly account for the proceeds thereof under the provisions of this chapter.