Montana Code Annotated
Part 2. Assignments for Benefit of Creditors
31-2-222. Notices to parties interested in the estate as creditors or otherwise

31-2-222. Notices to parties interested in the estate as creditors or otherwise. (1) Parties interested in the estate as creditors or parties otherwise interested, if the judge so directs, shall have at least 10 days' notice by mail to their respective addresses as they appear in the schedule filed by the assignor, or at such other addresses as they shall have filed with the assignee, of:
(a) all proposed sales of property, in bulk;
(b) the filing of the final account of the assignee and of the hearing thereon;
(c) any proposed compromise with creditors.
(2) Such notice may be given as the judge shall direct and must be returnable in court, or before the judge of the court at chambers, in the district.
History: En. Sec. 1, Ch. 180, L. 1919; amd. Sec. 1, Ch. 215, L. 1921; re-en. Sec. 8633, R.C.M. 1921; re-en. Sec. 8633, R.C.M. 1935; R.C.M. 1947, 18-322.

Structure Montana Code Annotated

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

31-2-213. Inventory required

31-2-214. Verification of inventory -- when assignee required to file -- inspection of assignor's books and papers

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

31-2-219. Bond of assignees

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

31-2-223. Duties of assignee

31-2-224. Power of court

31-2-225. When further security required

31-2-226. Accounting of assignee

31-2-227. Property exempt

31-2-228. Compensation

31-2-229. Assignees protected for acts done in good faith

31-2-230. Assent of creditors necessary to modification of assignment