Michigan Compiled Laws
Act 236 of 1961 - Revised Judicature Act of 1961 (600.101 - 600.9948)
236-1961-52 - Chapter 52 Assignments for the Benefit of Creditors (600.5201...600.5265)

Section 600.5201 - Common Law Assignments for the Benefit of Creditors; Requirements for Validity; Bond of Assignee; Filing; Approval; Attachment or Execution on Assigned Property; Acknowledgment; Inventory. - Sec. 5201. (1) All assignments commonly called common law assignments...

Section 600.5205 - Property Conveyed; General Powers of Assignee. - Sec. 5205. Such assignment shall be deemed to convey to...

Section 600.5211 - Specific Powers of Assignee. - Sec. 5211. Among other things the assignee has the power...

Section 600.5215 - Appraisal of Property; Sale; Notice. - Sec. 5215. As soon as practicable after receiving said assignment,...

Section 600.5221 - Proof of Claims; Notice; Filing; List of Creditors. - Sec. 5221. Within 10 days after receiving such trust, the...

Section 600.5225 - Proof of Claims; Contents; Verification. - Sec. 5225. Each proof of claim must be sworn to...

Section 600.5231 - Contest of Claims; Procedure, Costs; Filing Fee. - Sec. 5231. The assignee may contest any claim. Any creditor...

Section 600.5235 - Set-Off of Mutual Debts and Credits. - Sec. 5235. In all cases of mutual debts or mutual...

Section 600.5241 - Circuit Courts; Jurisdiction; Supervisory Powers; Specific Powers; Examination; Assignor and Others; Assignee; Orders; Circuit Court Commissioner. - Sec. 5241. Circuit courts have original jurisdiction to hear and...

Section 600.5245 - Assignee; Accounts; Reports; Completion of Duties; Extension of Time; Notice. - Sec. 5245. The assignee shall keep a regular account of...

Section 600.5251 - Payment of Claims; Order; Method; Time. - Sec. 5251. (1) Funds available for distribution shall be applied...

Section 600.5255 - Compensation of Assignee; Application; Notice to Creditors. - Sec. 5255. The assignee shall receive for his services, such...

Section 600.5261 - Civil Action for Enforcement of Trust; Grounds; Appointment of Receiver or Assignee; Summary Examination; Powers, Duties, and Compensation of Receiver. - Sec. 5261. In case there is any fraud in the...

Section 600.5265 - Nature of Proceedings. - Sec. 5265. Proceedings under this chapter, except the contest of...