There is a newer version of the North Carolina General Statutes
2012 North Carolina General Statutes
Chapter 23 - Debtor and Creditor.
Article 1 - Assignments for Benefit of Creditors.
- Section 23-1 - Debts mature on execution of assignment; no preferences.
- Section 23-2 - Trustee to file schedule of property.
- Section 23-3 - Trustee to recover property conveyed fraudulently or in preference.
- Section 23-4 - Substitute for incompetent trustee appointed in special proceeding.
- Section 23-5 - Insolvent trustee removed unless bond given; substitute appointed.
- Section 23-6 - Trustee removed on petition of creditors; substitute appointed.
- Section 23-7 - Substituted trustee to give bond.
- Section 23-8 - Only perishable property sold within ten days of registration.
- Section 23-9 - Creditors to file verified claims with clerk; false swearing misdemeanor.
- Section 23-10 - Priority of payments by trustee.
- Section 23-11 - Trustee to account quarterly; final account in twelve months.
- Section 23-12 - Trustee violating duties guilty of misdemeanor.
Disclaimer: These codes may not be the most recent version. North Carolina may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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