MCL - 236-1961-52

REVISED JUDICATURE ACT OF 1961 (EXCERPT)
Act 236 of 1961
Chapter 52
ASSIGNMENTS FOR THE BENEFIT OF CREDITORS
Document Type Description
Section 600.5201 Section Common law assignments for the benefit of creditors; requirements for validity; bond of assignee; filing; approval; attachment or execution on assigned property; acknowledgment; inventory.
Section 600.5205 Section Property conveyed; general powers of assignee.
Section 600.5211 Section Specific powers of assignee.
Section 600.5215 Section Appraisal of property; sale; notice.
Section 600.5221 Section Proof of claims; notice; filing; list of creditors.
Section 600.5225 Section Proof of claims; contents; verification.
Section 600.5231 Section Contest of claims; procedure, costs; filing fee.
Section 600.5235 Section Set-off of mutual debts and credits.
Section 600.5241 Section Circuit courts; jurisdiction; supervisory powers; specific powers; examination; assignor and others; assignee; orders; circuit court commissioner.
Section 600.5245 Section Assignee; accounts; reports; completion of duties; extension of time; notice.
Section 600.5251 Section Payment of claims; order; method; time.
Section 600.5255 Section Compensation of assignee; application; notice to creditors.
Section 600.5261 Section Civil action for enforcement of trust; grounds; appointment of receiver or assignee; summary examination; powers, duties, and compensation of receiver.
Section 600.5265 Section Nature of proceedings.