Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

(a) An assignee for the benefit of creditors shall be treated as a receiver appointed under § 24-201(a)(3) of this title.

(b) The property assigned shall be treated as receivership property.

(c) Except for § 24-201 of this title, this title shall govern all proceedings following the filing of the assignment.