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§ 91. Effect of fraud and collusion

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. § 91
§ 91. Effect of fraud and collusion
Any creditor who shall, upon such distribution, present a claim, whether in judgment or otherwise, which shall be so largely in excess of that which is actually due as to be fraudulent and collusive, or shall assist others in so doing; or shall collude with the insolvent to hinder, delay or defraud his creditors, or any of them; or shall have received a preference from the insolvent, in violation of the provisions of this act, and shall not voluntarily surrender the same to the assignee or receiver, shall be postponed to all other creditors on the distribution of the insolvent's estate.

Credits

1901, June 4, P.L. 404, § 29.
39 P.S. § 91, PA ST 39 P.S. § 91
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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