Missouri Revised Statutes
Chapter 426 - Assignment for Benefit of Creditors
Section 426.070 - Assignor's list of property — filing of bond of assignee — additional bond.

Effective - 28 Aug 1939
426.070. Assignor's list of property — filing of bond of assignee — additional bond. — The assignor, his agent or attorney, at the time of the execution of the deed of assignment, shall make a statement, in writing, verified by affidavit, setting forth the general nature and full value of the estate and effects assigned, which statement shall be filed with the deed of assignment for record; and the assignee shall, within three days after the filing of such deed and statement, give bond with at least two good and sufficient securities, to be approved by the court or judge, or clerk thereof in vacation, in double the amount of the estate and effects assigned, and if the appraised value of such estate and effects, when appraised, shall be greater than the value given in such statement, or if the securities in such bond should in any way become impaired or insufficient, the assignee shall, at the time of filing the appraisement, give another bond with at least two good and sufficient securities, to be approved by the court or judge, or the clerk thereof in vacation, in double the amount of the appraised value of the estate and effects assigned.
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(RSMo 1939 § 5745)
Prior revisions: 1929 § 5635; 1919 § 631; 1909 § 904

Structure Missouri Revised Statutes

Missouri Revised Statutes

Title XXVII - Debtor-Creditor Relations

Chapter 426 - Assignment for Benefit of Creditors

Section 426.010 - Voluntary assignment — execution of.

Section 426.020 - Assignee to file inventory, when and where.

Section 426.030 - Inventory to be sworn to.

Section 426.040 - Appraisers, appointment of.

Section 426.050 - Oath, filing and compensation of appraisers.

Section 426.060 - Additional property, duty of assignee.

Section 426.070 - Assignor's list of property — filing of bond of assignee — additional bond.

Section 426.080 - Bond, condition of.

Section 426.090 - Bond, where filed and recorded — approval.

Section 426.100 - Bonds taken in absence of judge, approval or rejection.

Section 426.110 - If rejected, court to order new bond — failure to give revokes authority.

Section 426.120 - Rejected bond valid until new one given — new bond relates back.

Section 426.130 - Suit on bond, by whom and when brought — damages.

Section 426.140 - Assignee to exhibit accounts, when and how — failure — citation — dismissal.

Section 426.150 - Notice of allowance of assignee's accounts by court, how given.

Section 426.160 - Expense of advertising.

Section 426.170 - Demands against estates, how and when allowed.

Section 426.180 - Notice, how given — creditor failing to present at proper time, precluded — exceptions.

Section 426.190 - Assignee may administer oaths and examine witnesses.

Section 426.200 - Evidence to establish demand.

Section 426.210 - Decisions of assignee final, unless appeal asked for — appeal to circuit court.

Section 426.220 - Appeals, how taken — affidavit and bond for.

Section 426.230 - Proceedings in circuit court upon appeal.

Section 426.240 - Judgment certified to assignee and claim allowed, when.

Section 426.250 - Demand of assignee against assignor, how allowed.

Section 426.260 - Assignee failing to file true inventory and give bond, court to issue citation.

Section 426.270 - On return of citation, court may order inventory and bond filed or dismiss assignee.

Section 426.280 - Insolvency or removal from state of surety, proceedings.

Section 426.290 - Assignee, vacancy — appointment.

Section 426.300 - Dismissal of assignee — books to be delivered to successor.

Section 426.310 - Sale of property assigned, how made.

Section 426.320 - Payments to creditors, when and in what amounts — penalty for failure.

Section 426.330 - Assignee shall exhibit condition of assets, when.

Section 426.340 - Failure to exhibit condition of assets — citation of assignee.

Section 426.350 - Assignee may apply for discharge, when and how.

Section 426.360 - Application referred to commissioner, when — proceedings.

Section 426.370 - If objections made, court to determine same, when and how.

Section 426.380 - Appeals, how taken.

Section 426.390 - Proceedings when temporary assignee fails to act, how conducted.

Section 426.400 - Court may order assignee to compromise debts, when and how.

Section 426.410 - Defining the power and authority of assignees.