681.1 Must be without preferences.
No general assignment of property by an insolvent person, firm, or corporation, or in contemplation of insolvency, for the benefit of creditors, shall be valid unless it be made for the benefit of all the creditors in proportion to the amount of their respective claims; and in every such assignment the assent of the creditors shall be presumed.
[C51, §977, 978; R60, §1826, 1827; C73, §2115, 2116; C97, §3071; C24, 27, 31, 35, 39, §12720; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §681.1]
Structure Iowa Code
Title XV - JUDICIAL BRANCH AND JUDICIAL PROCEDURES
Chapter 681 - ASSIGNMENT FOR BENEFIT OF CREDITORS
Section 681.1 - Must be without preferences.
Section 681.3 - Execution — record and index.
Section 681.4 - Inventory — list of creditors.
Section 681.5 - Effect of assignment.
Section 681.6 - Filing with clerk.
Section 681.7 - Inventory and appraisement — bond.
Section 681.8 - Notice of assignment — notice to creditors.
Section 681.10 - Report required.
Section 681.11 - Claims contested.
Section 681.12 - Priority of taxes — nonnecessity to file claim.
Section 681.13 - Labor claims preferred.
Section 681.14 - Dividends — compensation.
Section 681.15 - Absent creditor.
Section 681.16 - Power of court.
Section 681.17 - Disposal of property — time limit.
Section 681.18 - Neglect to file inventory or list.
Section 681.19 - Examination of debtor.
Section 681.20 - Additional inventory and security.
Section 681.21 - Claims not due.
Section 681.22 - Claims filed after three months.
Section 681.23 - Sale of property generally.
Section 681.24 - Sale of real estate.
Section 681.25 - Approval of sales.
Section 681.26 - Mandatory removal of assignee.
Section 681.27 - Permissive removal of assignee.
Section 681.28 - Accounting and delivery.