North Dakota Code > Chapter 32-26 – Administration of Assignment for Benefit of Creditors


§ 32-26-01	District court has supervision
§ 32-26-02	Public administrator as receiver
§ 32-26-03	When property in several counties
§ 32-26-04	When assignee may act
§ 32-26-05	Sales – Fees and expenses – Subject to approval of court
§ 32-26-06	What court has jurisdiction – Transfer

Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Deed: The legal instrument used to transfer title in real property from one person to another.
Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
Partnership: includes a limited liability partnership registered under chapter 45-22. See North Dakota Code 1-01-49
Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
Property: includes property, real and personal. See North Dakota Code 1-01-49
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.