Assignments for the Benefit of Creditors | Midpage

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Arizona Revised Statutes

Article 3

Assignments for the Benefit of Creditors

44-1031Effect of assignment for the benefit of creditors; acknowledgment and recording; invalidity of assignments not made in accordance with this article 44-1032Assignment for the benefit of consenting creditors; effect; execution of release by creditors 44-1033Filing of assignment; accompanying inventory of property and indebtedness required; docketing of assignment by clerk 44-1034Recording of deed of assignment by assignee; bond of assignee; recording; actions upon bond; duty of assignee to execute assignment 44-1035Notice of appointment of assignee; publication 44-1036Powers of court with respect to assignee; removal of assignee; appointment of assignee to fill vacancy 44-1037Notice by creditors of consent to assignment; receipt by creditor of portion of claim as consent 44-1038Filing of statement of claim by creditors 44-1039Statement of claim by creditor as justification for payment by assignee; action to dispute claim; duty of assignee to permit creditor to inspect claims filed by other creditors 44-1040Discount of claims allowed but not due; amount payable on claim secured by collateral in possession of creditor 44-1041Right of assignee to property fraudulently conveyed by assignor; action by assignee or creditor to recover property fraudulently conveyed; non-recovery from bona fide purchaser 44-1042Failure of assignor to supply inventory as prima facie evidence of concealment of property by assignor; examination of assignor by court upon application of assignee or creditor 44-1043Attempted preference of creditor void 44-1044Garnishment of assignee by nonconsenting creditor 44-1045Distribution to creditors; compensation and expenses allowed assignee 44-1046Final report by assignee; hearing; discharge of assignee; disposition of funds in estate at final settlement 44-1047Fraudulent transactions by assignor; classification