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§ 85. Advertisement; confirmation of account; distribution

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. § 85
§ 85. Advertisement; confirmation of account; distribution
The time fixed in said notice shall be between three and five weeks distant from the date thereof; and if there shall be unrepresented creditors, whose addresses are unknown, an advertisement thereof shall be inserted in one newspaper, published in the county, and in the legal periodical, if any, designated by the court, once a week for three successive weeks, prior to the time of meeting. On the date fixed, if no objections have been filed, the account shall be confirmed absolutely; the assignee or receiver shall prepare a schedule of distribution, which shall be approved and filed, and shall distribute the assets in his hands in accordance therewith.

Credits

1901, June 4, P.L. 404, § 25.
39 P.S. § 85, PA ST 39 P.S. § 85
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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