Public administrator to act as receiver in assignment for the benefit of creditors

N.D. Cent. Code § 11-21-10
in effect
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11-21-10. Public administrator to act as receiver in assignment for the benefit of creditors. When a person makes an assignment for the benefit of creditors, the public administrator, either on the administrator's own petition or on the petition of a creditor of the assignor, shall be appointed receiver and shall administer the assignment in the place of the assignee named therein.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t11c21.pdf#nameddest=11-21-10Fetched: 10/16/2026

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