1. MCA Contents
  2. TITLE 31
  3. CHAPTER 2
  4. Part 2
  5. 31-2-227 Property exempt

TITLE 31. CREDIT TRANSACTIONS AND RELATIONSHIPS

CHAPTER 2. DEBTOR AND CREDITOR RELATIONSHIPS

Part 2. Assignments for Benefit of Creditors

Property Exempt

31-2-227. Property exempt. Property exempt from execution and insurance upon the life of the assignor do not pass to the assignee by a general assignment for the benefit of creditors unless the instrument specially mentions them and declares an intention that they should pass thereby.

History: En. Sec. 4532, Civ. C. 1895; re-en. Sec. 6158, Rev. C. 1907; re-en. Sec. 8638, R.C.M. 1921; Cal. Civ. C. Sec. 3470; Field Civ. C. Sec. 1945; re-en. Sec. 8638, R.C.M. 1935; R.C.M. 1947, 18-327.