RULE 4:54. Assignments For Benefit Of Creditors

The practice relating to assignments for the benefit of creditors under N.J.S. 2A:19-1 et seq. shall conform as nearly as practicable to the procedure relating to insolvent corporations. Accounts of assignees for the benefit of creditors shall be settled pursuant to R. 4:87-1 and 4:87-2.

Note: Source-R.R. 4:69; amended July 12, 2002 to be effective September 3, 2002.