Missouri Revised Statutes
Chapter 426 - Assignment for Benefit of Creditors
Section 426.310 - Sale of property assigned, how made.

Effective - 02 Jan 1979
426.310. Sale of property assigned, how made. — The circuit court shall make an order for the sale of all the real and personal estate conveyed by any deed of assignment, either for cash in hand, or upon such reasonable credit and upon such other terms and notice as shall appear to the court to be most advantageous to all the parties in interest, and shall, by order, direct the nature of the security to be taken at sales made by assignees under this chapter. Before any sale of such real estate shall be made, the assignee shall give bond, with at least two good securities, to be approved by the court in an amount equal to the value of the real estate to be sold, conditioned that the said assignee will faithfully make the same under such order, and duly account for the proceeds thereof under the provisions of this chapter.
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(RSMo 1939 § 5769, A.L. 1978 H.B. 1634)
Prior revisions: 1929 § 5659; 1919 § 655; 1909 § 928
Effective 1-02-79

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.