California Code of Civil Procedure CHAPTER 13 - Effect of Bankruptcy Proceedings and General Assignments for the Benefit of Creditors

• Section 493.010.
  As used in this chapter, “general assignment for the benefit of creditors” means an assignment which satisfies all of the following requirements:(a) The assignment is an...
• Section 493.020.
  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.)
• Section 493.030.
  (a) The making of a general assignment for the benefit of creditors terminates a lien of a temporary protective order or of attachment if the lien...
• Section 493.040.
  (a) Where a lien of attachment terminates pursuant to Section 493.030, the assignee under a general assignment for the benefit of creditors or, in the case...
• Section 493.050.
  (a) The lien of a temporary protective order or of attachment, which has terminated pursuant to Section 493.030, is reinstated with the same effect as if...
• Section 493.060.
  (a) Upon the making of a general assignment for the benefit of creditors that terminates a lien under this chapter, the assignee is subrogated to the...

Last modified: October 22, 2018