No such deed of general assignment of property by an insolvent, or in contemplation of insolvency, for the benefit of creditors, shall be valid, unless by its terms it is made for the benefit of all his creditors in proportion to the amount of their respective claims.
Source: L. 1897: p. 95, § 4. R.S. 08: § 177. C.L. § 6244. CSA: C. 12, § 4. CRS 53: § 11-1-4. C.R.S. 1963: § 11-1-4.
Structure Colorado Code
Title 6 - Consumer and Commercial Affairs
Article 10 - Assignments in General
§ 6-10-102. General Assignment
§ 6-10-103. Inventory - List of Creditors
§ 6-10-104. Assignment for All Creditors
§ 6-10-105. Assent of Creditors Presumed
§ 6-10-106. Inventory Filed Where - Bond
§ 6-10-107. Assignee an Officer of Court
§ 6-10-108. Notice of Assignment of Realty
§ 6-10-109. Priority of Claims - Notice
§ 6-10-110. Report of Assignee
§ 6-10-111. Exceptions to Claims - Hearing
§ 6-10-112. Judgment - Fee of Assignee
§ 6-10-113. Application of Unclaimed Dividends
§ 6-10-114. Notice of Distribution
§ 6-10-115. Distribution of Unclaimed Dividends
§ 6-10-116. Assignee Under Supervision of Court
§ 6-10-117. Assignee Appointed by Court - When
§ 6-10-118. Removal of Assignee by Court
§ 6-10-119. Powers of Assignee
§ 6-10-120. Insufficient Sureties
§ 6-10-121. Additional Security - When
§ 6-10-122. Appearance Compelled - When
§ 6-10-123. Misappropriation by Debtor
§ 6-10-124. Debts Not Due - Interest
§ 6-10-125. Creditors May Appoint an Attorney
§ 6-10-126. Waiver of Proceedings by Parties
§ 6-10-128. Trust Closed in One Year
§ 6-10-129. Property Exempt From Assignment
§ 6-10-131. Action on Bond of Assignee
§ 6-10-132. Foreclosure of Mortgage on Property
§ 6-10-151. Jurisdiction of District Court
§ 6-10-152. Colorado Rules of Civil Procedure Apply