31-2-221. Notice to creditors to present claims. (1) The judge may, upon the petition of the assignee, authorize the assignee to advertise for creditors to present to the assignee their claims, with the vouchers for the claims, duly verified, on or before a day to be specified in the advertisement, not less than 10 days from the publication. The advertisement or notice must be published in one newspaper, to be designated by the judge as most likely to give notice to the persons to be served, at least once and any additional times that the judge may direct. The last publication must be at least 1 week prior to the date specified.
(2) The verified claims of creditors must set forth whether any and, if so, what securities are held for the claims and whether any and, if so, what payments have been made on the claims.
History: En. Sec. 1, Ch. 180, L. 1919; amd. Sec. 1, Ch. 215, L. 1921; re-en. Sec. 8632, R.C.M. 1921; re-en. Sec. 8632, R.C.M. 1935; R.C.M. 1947, 18-321; amd. Sec. 996, Ch. 56, L. 2009.
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