North Dakota Code 47-19-53 – Recording petition, decree of adjudication, or order approving trustee’s bond in bankruptcy proceeding
Current as of: 2023 | Check for updates
|
Other versions
When a petition for bankruptcy, or a decree of adjudication, or an order approving the trustee‘s bond is made, pursuant to the Federal Bankruptcy Act of 1898, as amended by the Bankruptcy Act of 1938, Chapter 575, 52 Statutes 840, Section 21g, the bankrupt, trustee, receiver, custodian, referee, or any creditor may record a certified copy of the petition, decree, or order in the office of the recorder of any county in this state wherein is located real property of the bankrupt as shown by the schedules of the bankruptcy proceedings.
Terms Used In North Dakota Code 47-19-53
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49
- Trustee: A person or institution holding and administering property in trust.