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Home » US Law » 2022 Missouri Revised Statutes » Title XXVII - Debtor-Creditor Relations » Chapter 426 - Assignment for Benefit of Creditors

Section 426.220 – Appeals, how taken — affidavit and bond for.

Effective – 02 Jan 1979 426.220. Appeals, how taken — affidavit and bond for. — All appeals allowed by virtue of section 426.210 shall be taken and made by the appellant, or someone for him, making and filing an affidavit that the appeal is not taken for vexation or delay, but because affiant believes that […]

Section 426.230 – Proceedings in circuit court upon appeal.

Effective – 02 Jan 1979 426.230. Proceedings in circuit court upon appeal. — Upon such appeal being allowed and certified, as in section 426.220 is required, the court shall become possessed of the case, and shall proceed to hear and determine the same, in the same manner as if such case was pending before a […]

Section 426.240 – Judgment certified to assignee and claim allowed, when.

Effective – 28 Aug 1939 426.240. Judgment certified to assignee and claim allowed, when. — All judgments rendered in favor of any claimant in the circuit court by virtue of the provisions of this chapter, shall be certified by the clerk thereof to the assignee, who shall allow the same, and class it as if […]

Section 426.250 – Demand of assignee against assignor, how allowed.

Effective – 02 Jan 1979 426.250. Demand of assignee against assignor, how allowed. — If the assignee shall have a demand against the assignor, which he desires to have allowed, he may present a petition to the circuit court stating the particulars of his demand and the amount thereof, verified by affidavit, and thereupon such […]

Section 426.280 – Insolvency or removal from state of surety, proceedings.

Effective – 28 Aug 1939 426.280. Insolvency or removal from state of surety, proceedings. — The like proceedings as are prescribed in sections 426.260 and 426.270 may be had whenever it shall appear to the court that any person who shall have become security for any assignee, in any bond given for the due execution […]

Section 426.290 – Assignee, vacancy — appointment.

Effective – 28 Aug 1939 426.290. Assignee, vacancy — appointment. — The court having jurisdiction, or the judge thereof in vacation, shall have power to appoint an assignee in all cases where a vacancy occurs in the trust, and like bond and security shall be required and given by the assignee so appointed as are […]

Section 426.300 – Dismissal of assignee — books to be delivered to successor.

Effective – 28 Aug 1939 426.300. Dismissal of assignee — books to be delivered to successor. — When any assignee shall be dismissed from his trust, the court shall order all the books, papers, effects, moneys and evidences of debt to be forthwith delivered to his successor in the trust, or to such other persons […]

Section 426.310 – Sale of property assigned, how made.

Effective – 02 Jan 1979 426.310. Sale of property assigned, how made. — The circuit court shall make an order for the sale of all the real and personal estate conveyed by any deed of assignment, either for cash in hand, or upon such reasonable credit and upon such other terms and notice as shall […]

Section 426.330 – Assignee shall exhibit condition of assets, when.

Effective – 28 Aug 1939 426.330. Assignee shall exhibit condition of assets, when. — Every assignee, upon the reasonable request of any person entitled to any demand allowed, or of his agent, shall exhibit to such person or agent the condition of the assets of the assignment, and give him all reasonable information concerning the […]

Section 426.350 – Assignee may apply for discharge, when and how.

Effective – 28 Aug 1939 426.350. Assignee may apply for discharge, when and how. — When any assignee becomes satisfied that it is no longer advantageous to the creditors of his assignor to keep the assignment open, he may apply to the circuit court in whose clerk’s office the inventory is filed for a discharge […]

Section 426.360 – Application referred to commissioner, when — proceedings.

Effective – 28 Aug 1939 426.360. Application referred to commissioner, when — proceedings. — If no person interested shall, within one week after the filing of such petition, file written objections to such discharge, accompanied by specified reasons, the court shall refer the application to the commissioners of the court, or one appointed for the […]

Section 426.370 – If objections made, court to determine same, when and how.

Effective – 28 Aug 1939 426.370. If objections made, court to determine same, when and how. — If objections be made as aforesaid, to such application, the court shall cause the same to be considered, and shall determine the same, as provided for by rules of the court or special orders made therein. ­­——– (RSMo […]

Section 426.380 – Appeals, how taken.

Effective – 28 Aug 1949 426.380. Appeals, how taken. — In any proceeding under this chapter, appeals may be taken from the judgment of the court in the same manner as appeals are now allowed by law from judgments of circuit courts in this state. ­­——– (RSMo 1939 § 5776, A. 1949 S.B. 1118) Prior […]

Section 426.400 – Court may order assignee to compromise debts, when and how.

Effective – 28 Aug 1939 426.400. Court may order assignee to compromise debts, when and how. — 1. Whenever it may appear for the best interest of the estate assigned, the court, or judge thereof in vacation, may make an order directing the assignee to sell, compound or compromise all bad or doubtful debts upon […]