New Jersey Statutes 2A:19-16. Continuing assignor’s business
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Terms Used In New Jersey Statutes 2A:19-16
- Assignee: means an assignee under a general assignment, including an assignee appointed under chapter 20 of this title. See New Jersey Statutes 2A:19-1
- Assignor: means any debtor who has executed a general assignment. See New Jersey Statutes 2A:19-1
- Court: means the Superior Court. See New Jersey Statutes 2A:19-1
The court may, upon such notice to creditors as it may direct, authorize the assignee to continue for such a period and under such conditions as it may prescribe, any business of the assignor in which the assigned estate, or any part thereof, is invested.
L.1951 (1st SS), c.344.