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§ 80. Deposit of moneys; care of assets

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 39 P.S. Insolvency and Assignments

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 39 P.S. Insolvency and Assignments (Refs & Annos)
Chapter 1. Assignments and Insolvency Proceedings
Act of 1901 and Later Acts
Powers and Duties of Assignee or Receiver
39 P.S. § 80
§ 80. Deposit of moneys; care of assets
The assignee or receiver shall, as soon as may be after receiving any money belonging to the estate, deposit the same in some bank or trust company in good standing, in his name as assignee or receiver, and shall as far as practicable keep all the assets of said estate separate and apart from his own, or designated by appropriate marks, so that they may be easily and clearly distinguished as the property of the insolvent's estate.

Credits

1901, June 4, P.L. 404, § 21.
39 P.S. § 80, PA ST 39 P.S. § 80
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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