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This entry was published on 2014-09-22
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SECTION 75
When assignment to be directed
Debtor & Creditor (DCD) CHAPTER 12, ARTICLE 3
§ 75. When assignment to be directed. An order, directing the
execution of an assignment, must be made by the court, where it appears,
by the verdict of the jury; or, if a jury has not been demanded, or the
jurors have been discharged by reason of their inability to agree, where
it satisfactorily appears to the court; as follows:

1. That the petitioner is justly and truly indebted to the consenting
creditors, in sums which amount, in the aggregate, to two-thirds of all
the debts, which the petitioner owed, at the time of presenting his
petition, to creditors residing within the United States.

2. That he has honestly and fairly given a true account of his
property.

3. That he has, in all things, conformed to the matters required of
him by this article.