Utah Statutes
§ 6-1-4 — Inventory -- Bond.
Utah·Title 6 Assignment for Benefit of Creditors·Ch. 6-1 General Provisions Relating to Assignment for Benefit of Creditors
The assignee shall forthwith file with the clerk of the district court of the county where the property assigned is located a true and full inventory and valuation of said estate, under oath, so far as the same has come to the assignee's knowledge, and shall then enter into bonds to the state for the use of the creditors in double the amount of the inventory and valuation, with one or more sureties to be approved by said clerk, for the faithful performance of said trust; and the assignee may thereupon proceed to perform any duty necessary to carry into effect the purpose of said assignment.
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Utah § 6-1-4 (Inventory -- Bond.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Chapter 365, 2024 General Session
Nearby Sections
15
§ 6-1-1
Insolvent debtor may assign.§ 6-1-10
Dividends to creditors.§ 6-1-12
Time for disposing of property.§ 6-1-16
Sales -- Confirmation.§ 6-1-17
Removal of assignee.§ 6-1-18
Death or neglect of assignee.§ 6-1-19
Compensation of assignee.§ 6-1-2
When assignment void.§ 6-1-20
Right to prefer creditor.§ 6-1-4
Inventory -- Bond.