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Home » US Law » 2022 Missouri Revised Statutes » Title XXVII - Debtor-Creditor Relations » Chapter 426 - Assignment for Benefit of Creditors » Section 426.110 – If rejected, court to order new bond — failure to give revokes authority.

Effective – 28 Aug 1939

426.110. If rejected, court to order new bond — failure to give revokes authority. — If the bond be rejected, the court shall order the assignee to give another bond, with sufficient security, to be approved by the court; and if he fail to give such bond within such time as the court shall direct, not exceeding thirty days, his authority further to act as assignee shall be deemed to be revoked.

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(RSMo 1939 § 5749)

Prior revisions: 1929 § 5639; 1919 § 635; 1909 § 908