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Statutes > Michigan Statutes > Chapter 600 - REVISED JUDICATURE ACT OF 1961 > Act 236 of 1961 - REVISED JUDICATURE ACT OF 1961 (600.101 - 600.9948) > 236-1961-52 - CHAPTER 52 ASSIGNMENTS FOR THE BENEFIT OF CREDITORS (600.5201...600.5265)

236-1961-52 - CHAPTER 52 ASSIGNMENTS FOR THE BENEFIT OF CREDITORS (600.5201...600.5265)

  • Section 600.5201 - Common law assignments for the benefit of creditors; requirements for validity; bond of assignee; filing; approval; attachment or execution on assigned property; acknowledgment; inv
  • Section 600.5205 - Property conveyed; general powers of assignee.
  • Section 600.5211 - Specific powers of assignee.
  • Section 600.5215 - Appraisal of property; sale; notice.
  • Section 600.5221 - Proof of claims; notice; filing; list of creditors.
  • Section 600.5225 - Proof of claims; contents; verification.
  • Section 600.5231 - Contest of claims; procedure, costs; filing fee.
  • Section 600.5235 - Set-off of mutual debts and credits.
  • Section 600.5241 - Circuit courts; jurisdiction; supervisory powers; specific powers; examination; assignor and others; assignee; orders; circuit court commissioner.
  • Section 600.5245 - Assignee; accounts; reports; completion of duties; extension of time; notice.
  • Section 600.5251 - Payment of claims; order; method; time.
  • Section 600.5255 - Compensation of assignee; application; notice to creditors.
  • Section 600.5261 - Civil action for enforcement of trust; grounds; appointment of receiver or assignee; summary examination; powers, duties, and compensation of receiver.
  • Section 600.5265 - Nature of proceedings.




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