TITLE LVII
INSOLVENCY PROCEEDINGS AND ASSIGNMENTS FOR CREDITORS

CHAPTER 568
INSOLVENCY PROCEEDINGS

Discharge of Debtor

Section 568:40

    568:40 Consent of Creditors. – A discharge shall not be granted to a debtor whose assets do not pay 50 percent of the claims allowed against his estate which are not entitled to priority, unless the assent in writing of 2/3 in number and value of the creditors who have such claims and whose claims have been allowed is filed in the case.

Source. 1885, 85:15. 1889, 100:2. PS 201:39. PL 401:40. RL 465:40.