§ 76. Compromise of claims; payment of liens
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 39 P.S. Insolvency and Assignments
39 P.S. § 76
§ 76. Compromise of claims; payment of liens
An assignee or receiver may compound or compromise any debt or claim due to the insolvent, if done in good faith and after proper inquiry; and, upon payment of the amount due, may require all mortgages, conditional contracts, pledges and liens, of or upon any real or personal property of the insolvent, to be satisfied, cancelled or assigned to him, as he may deem best, or he may sell the property subject thereto.
Credits
1901, June 4, P.L. 404, § 19.
39 P.S. § 76, PA ST 39 P.S. § 76
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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