Notwithstanding any other provision of this title, the defendant may make a general assignment for the benefit of creditors.

(Added by Stats. 1977, Ch. 499.)

Terms Used In California Code of Civil Procedure 493.020

  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • general assignment for the benefit of creditors: means an assignment which satisfies all of the following requirements:

    California Code of Civil Procedure 493.010