Montana § 31-2-223 Duties Of Assignee

Montana Statutes

§ 31-2-223 — Duties Of Assignee

Montana·Title 31 CREDIT TRANSACTIONS AND RELATIONSHIPS·Ch. 2 DEBTOR AND CREDITOR RELATIONSHIPS·Part 2 Assignments for Benefit of Creditors

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.

Montana § 31-2-223 (Duties Of Assignee) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.