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The DC Code: § 28-2109 Assignment to hinder or defraud creditors.

Index28 Commercial Instruments and Transactions. (Refs & Annos)

This chapter does not prevent a creditor otherwise entitled from attacking an assignment as made to hinder or defraud the creditors of the assignor. When the court finds an assignment to have been made with that intent, it may enjoin any proceeding thereunder, and upon finally decreeing the assignment to be void may appoint a trustee with power to take possession of all the property of the debtor, and may make and enforce all orders necessary to put him in possession of the property. The trustee shall qualify in the same manner and perform the same duties as the trustees provided for by this chapter.

Historical and Statutory

Prior Codifications 1981 Ed., § 28-2109. 1973 Ed., § 28-2109. DC CODE § 28-2109 Current through December 11, 2012

Credits

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