§ 10-4-1 Residence of assignee – Bond
§ 10-4-2 Filing of schedules and lists – Certificate of deed of assignment
§ 10-4-3 Place of filing of papers
§ 10-4-4 Recording and notice of assignments
§ 10-4-5 Removal or replacement of assignee
§ 10-4-6 Effect of assignment on liens
§ 10-4-7 Sale of assigned property – Continuation of business – Redemption of property subject to liens
§ 10-4-8 Demands for and protection of property by assignee
§ 10-4-9 Effect on suits and proceedings of death, resignation, or removal of assignee
§ 10-4-10 Dividends to creditors – Assignee’s report – Discharge of surety on bond
§ 10-4-11 Record of proceedings
§ 10-4-12 Appeal to supreme court – Certification of questions
§ 10-4-13 Chancery jurisdiction preserved – Provisions mandatory
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Terms Used In Rhode Island General Laws > Chapter 10-4 - Assignment for Benefit of Creditors

  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Docket: A log containing brief entries of court proceedings.
  • in writing: include printing, engraving, lithographing, and photo-lithographing, and all other representations of words in letters of the usual form. See Rhode Island General Laws 43-3-16
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6
  • real estate: may be construed to include lands, tenements, and hereditaments and rights thereto and interests therein. See Rhode Island General Laws 43-3-10
  • town: may be construed to include city; the words "town council" include city council; the words "town clerk" include city clerk; the words "ward clerk" include clerk of election district; the words "town treasurer" include city treasurer; and the words "town sergeant" include city sergeant. See Rhode Island General Laws 43-3-9
  • United States: include the several states and the territories of the United States. See Rhode Island General Laws 43-3-8