North Dakota § 32-26-02 Public administrator as receiver

North Dakota Statutes

§ 32-26-02 — Public administrator as receiver

North Dakota·Title 32 Judicial Remedies·Ch. 32-26 Administration of Assignment for Benefit of Creditors

The making of an assignment shall be cause for the appointment of a receiver of the
property of the assignor, and the public administrator of the county wherein the greater part of
the assets of such assignor shall be situated, either on the public administrator's own petition or
on the petition of any creditor of the assignor, shall be appointed receiver of the property of such
assignor, and shall proceed to administer and distribute the same in the place and stead of the
assignee named in such assignment, and, as nearly as may be, in accordance with the terms
and provisions of such assignment, under the supervision of the district court.

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The making of an assignment shall be cause for the appointment of a receiver of the
property of the assignor, and the public administrator of the county wherein the greater part of
the assets of such assignor shall be situated, either on the public administrator's own petition or
on the petition of any creditor of the assignor, shall be appointed receiver of the property of such
assignor, and shall proceed to administer and distribute the same in the place and stead of the
assignee named in such assignment, and, as nearly as may be, in accordance with the terms
and provisions of such assignment, under the supervision of the district court.

North Dakota § 32-26-02 (Public administrator as receiver) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.