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The DC Code: § 28-2108 Proceedings for benefit of all creditors.

Index28 Commercial Instruments and Transactions. (Refs & Annos)

A proceeding instituted under this chapter by one or more creditors is deemed to be for the equal benefit of all creditors, but the court may make such allowance to the creditor or creditors instituting the same, out of the fund to be distributed, or expenses, including counsel fees, as may be just and equitable.

Historical and Statutory

Prior Codifications 1981 Ed., § 28-2108. 1973 Ed., § 28-2108. DC CODE § 28-2108 Current through December 11, 2012

Credits

(Aug. 30, 1964, 78 Stat. 669, Pub. L. 88-509, § 1.)