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§ 103. Restoration of unsold estate; payment of surplus

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. § 103
§ 103. Restoration of unsold estate; payment of surplus
If any such insolvent or his legal representative shall satisfy the undisputed claims of his creditors, and shall give security, to be approved by the court, to pay those which are disputed, the court shall order his estate and effects, not sold, to be restored to him or his legal representatives; and he shall, by virtue of such order, be seized and possessed thereof as of his former estate and title thereto; and if, upon the final settlement of accounts by the assignee or receiver, there shall be a surplus, after payment of all the claims presented and allowed, the same shall be paid to such insolvent or his legal representatives.

Credits

1901, June 4, P.L. 404, § 36.
39 P.S. § 103, PA ST 39 P.S. § 103
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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