Legislation

Search OpenLegislation Statutes

This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 21
Trial, costs and commissions
Debtor & Creditor (DCD) CHAPTER 12, ARTICLE 2
§ 21. Trial, costs and commissions. The court, in its discretion, may
order a trial by jury or before a referee, of any disputed claim or
matter arising under the provisions of this article. It may in its
discretion award reasonable counsel fees and costs, determine which
party shall pay the same, and make all necessary rules to govern the
practice under this article. The assignee or assignees named in any
assignment shall receive for his or their services a commission of not
to exceed five per centum on the whole sum which will have come into his
or their hands, except in a case where such percentage shall not equal
two hundred dollars in which case the court may grant such a sum which
with such percentage shall equal two hundred dollars. If the assignee
continues the business the court may allow him additional compensation
equal to what he might be allowed as hereinabove provided.

The actual and necessary expenses incurred by the assignee in the
administration of the estate shall be reported in detail, under oath,
and examined and approved or disapproved by the court. If approved they
shall be paid out of the estate.