251 – Authority for Committee or Conservator to Compromise Claims.
§ 251. Authority for committee or conservator to compromise claims. A court exercising jurisdiction over the property of a person with a mental illness, or conservatee may, upon the application of the committee of the property of such incompetent person or the conservator of the conservatee, and for good and sufficient cause shown, and upon […]
252 – Payment by Committee or Conservator of Claims.
§ 252. Payment by committee or conservator of claims. A committee of the property of a person, incompetent by reason of mental illness, a developmental disability or alcohol abuse, to manage his or her affairs, or a conservator of the property of a conservatee, may, under direction of the court exercising jurisdiction of such estate, […]
253 – Citation to Attend Judicial Settlement of Accounts of Committee or Conservator.
§ 253. Citation to attend judicial settlement of accounts of committee or conservator. A citation may be issued by the court to all parties interested in the estate of such incompetent person or conservatee, as creditors or otherwise, requiring them to appear in court on some day therein to be specified, to make proof of […]
254 – Service of Citation.
§ 254. Service of citation. A citation to the persons interested must be served on all parties, other than the petitioner, who are interested in the fund, including sureties of the committee or conservator; but the court may, in its discretion, dispense with the service on such incompetent person or conservatee, and, if the time […]
255 – Proceedings on Return of Citation.
§ 255. Proceedings on return of citation. Upon the return of such citation properly served, such court shall have the powers in relation to such estates, claims, property and committee, which devolve on courts, by virtue of section twenty-one, in relation to assignments and assignees for benefit of creditors and such assigned estates.
271 – Insolvency.
§ 271. Insolvency. (a) A debtor is insolvent if, at a fair valuation, the sum of the debtor’s debts is greater than the sum of the debtor’s assets. (b) A debtor that is generally not paying the debtor’s debts as they become due other than as a result of a bona fide dispute is presumed […]
210 – Order Permitting Renunciation.
§ 210. Order permitting renunciation. If it shall appear that the proceedings of such trustee, in relation to his trust, have been fair and honest, and particularly in the collection of the property and debts vested in him; and if such court be satisfied, that for any reason, it is inexpedient for such trustee to […]
211 – Assignment by Renouncing Trustee.
§ 211. Assignment by renouncing trustee. Such assignment shall be executed by such trustee, to such person, or persons, as the court shall appoint for that purpose; and in the appointment, such persons as shall have been named to be assignees by the creditors of such debtor, or by the major part of them, shall […]
212 – Effect of Assignment.
§ 212. Effect of assignment. Such assignment shall transfer to the persons to whom it shall be made, all the remaining estate and effects, vested in the trustee so renouncing; and such new assignee shall have the same powers, be subject to the same duties, and be entitled to the same compensation, as the original […]
213 – Order for Discharge of Trustee From Trust.
§ 213. Order for discharge of trustee from trust. Upon producing to the court allowing such assignment, the certificate of the assignee, duly proved by the oath of a subscribing witness, that such assignment has been duly made, and the property capable of delivery, belonging to such debtor, together with all the books, vouchers and […]