31-2-219. Bond of assignees. Within 30 days after the date of an assignment for the benefit of creditors, the assignee must enter into a bond to the state, for the use and benefit of the creditors, in such amount as may be fixed by a judge of the district court of the county in which the original inventory is filed, with sufficient sureties to be approved by such judge, and conditioned for the faithful discharge of the trust and the due accounting for all moneys received by the assignee, which bond must be filed in the same office with the original inventory.
History: En. Sec. 4528, Civ. C. 1895; re-en. Sec. 6154, Rev. C. 1907; re-en. Sec. 8630, R.C.M. 1921; Cal. Civ. C. Sec. 3467; Based on Field Civ. C. Sec. 1942; re-en. Sec. 8630, R.C.M. 1935; R.C.M. 1947, 18-319.
Structure Montana Code Annotated
Title 31. Credit Transactions and Relationships
Chapter 2. Debtor and Creditor Relationships
Part 2. Assignments for Benefit of Creditors
31-2-201. When debtor may execute assignment
31-2-202. Insolvency -- what constitutes
31-2-203. Certain transfers not affected
31-2-204. What debts may be secured
31-2-205. Preference given for wages
31-2-206. Preference to be absolute
31-2-207. Certain rights not affected by preferences in assignment
31-2-208. Joint and separate debts
31-2-209. Assignment -- when void
31-2-210. The instrument of assignment
31-2-211. Compliance necessary to validity of assignment
31-2-212. Assignee takes subject to rights of third parties
31-2-215. Recording assignment and filing inventory
31-2-216. Recording and filing when more than one assignor
31-2-217. Effect of failing to record
31-2-218. Assignment of real property
31-2-220. Management, disposal, and conversion of estate
31-2-221. Notice to creditors to present claims
31-2-222. Notices to parties interested in the estate as creditors or otherwise
31-2-225. When further security required
31-2-226. Accounting of assignee
31-2-229. Assignees protected for acts done in good faith
31-2-230. Assent of creditors necessary to modification of assignment