Montana § 31-2-223 Duties Of Assignee

Montana Statutes

§ 31-2-223 — Duties Of Assignee

Montana § 31-2-223

Title 31CREDIT TRANSACTIONS AND RELATIONSHIPS

Ch. 2DEBTOR AND CREDITOR RELATIONSHIPS

Part 2Assignments for Benefit of Creditors

This text of Montana § 31-2-223 (Duties Of Assignee) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 31-2-223 (2026).

Text

31-2-223 . Duties of assignee. It shall be the duty of the assignee to:

(1)collect and reduce to money the property of the estate and close up the estate as expeditiously as possible;

(2)sell the property of the estate as soon as practicable and sell the accounts and bills receivable when deemed advisable;

(3)furnish such information concerning the estate as may be requested by parties in interest;

(4)keep regular accounts and pay dividends as often as is compatible with the best interests of the estate;

(5)file a final report and account at least 10 days before the hearing thereon.

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31-2-223 . Duties of assignee. It shall be the duty of the assignee to:
(1) collect and reduce to money the property of the estate and close up the estate as expeditiously as possible;
(2) sell the property of the estate as soon as practicable and sell the accounts and bills receivable when deemed advisable;
(3) furnish such information concerning the estate as may be requested by parties in interest;
(4) keep regular accounts and pay dividends as often as is compatible with the best interests of the estate;
(5) file a final report and account at least 10 days before the hearing thereon.