The assignee, upon filing the petition and the approval of his bond, shall become a receiver of the court, and shall be entitled to all the rights and privileges, and subject to all the duties and obligations, of other receivers in equity, and may be removed as such as in other cases, and shall not be sued in any other court save by permission of the court, or chancellor in vacation.
Structure Mississippi Code
Title 85 - Debtor-Creditor Relationship
Chapter 1 - Assignment for Benefit of Creditors
§ 85-1-1. Execution of assignment; petition in chancery in case of general assignment
§ 85-1-3. Schedules of liabilities and assets to be filed
§ 85-1-5. Bond of assignee or trustee
§ 85-1-7. Assignee to become receiver of the court
§ 85-1-11. Creditor's cross-petition to set aside assignment
§ 85-1-13. Creditor's cross-petition to set aside assignment; rights of successful creditor
§ 85-1-15. Creditor's cross-petition to set aside assignment; rights of unsuccessful creditor