2010 Code of Virginia
Title 55 - PROPERTY AND CONVEYANCES.
Chapter 9 - Assignments for Benefit of Creditors (55-156 thru 55-167)
55-159 - Provision to bar further claim by creditors who accept deed.

§ 55-159. Provision to bar further claim by creditors who accept deed.

Any such deed of assignment may contain a provision to the effect that those creditors who accept thereunder do so in full satisfaction of their respective claims and shall be forever barred from further recovery of any balance.

(1924, p. 658; Michie Code 1942, § 5278d.)

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