N.J.S.A. 2A:19-21

Reconveyance to assignor upon composition with creditors; proceedings

2A:19-21. Reconveyance to assignor upon composition with creditors; proceedings If after a general assignment the assignor shall make an agreement of compromise or composition with his creditors, the court may, if it confirms the agreement, authorize the assignee to reassign and reconvey to the assignor all the trust estate in his hands, in whatsoever form the same may be, free and discharged from the trust. L.1951 (1st SS), c.344.

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This is the verbatim text of N.J.S.A. 2A:19-21, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 2A:19-21 — Reconveyance to assignor upon composition with creditors; proceedings | Kyzer