TRUSTS AND FIDUCIARIES
ASSIGNMENTS FOR BENEFIT OF CREDITORS
68-201. Residence qualification of assignee. No assignment for the benefit of creditors shall be valid unless made to a bona fide resident of this state or to a corporation duly authorized to do business in this state.
[(68-201) 1927, ch. 209, sec. 1, p. 293; I.C.A., sec. 66-201.]