Sec. 23.10. ASSIGNMENT DISCHARGES DEBTOR. If an assigning debtor makes an assignment, he is discharged from liability on the claim of a consenting creditor unless the consenting creditor does not receive at least one-third of the amount allowed on his claim against the assigned estate.
Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1.
Last modified: September 28, 2016