Statutes, codes, and regulations
Indiana Code
Title 32 - PROPERTYArticle 18 - INTERESTS OF CREDITORS IN PROPERTY
Chapter 1 - ASSIGNMENT OF REAL AND PERSONAL PROPERTY FOR THE BENEFIT OF CREDITORS
Section 32-18-1-17 - Debt or claim belonging to assignor; compounding or compromising

Ind. Code § 32-18-1-17

Download
PDF
Current through P.L. 171-2024
Section 32-18-1-17 - Debt or claim belonging to assignor; compounding or compromising

A trustee may compound or compromise a debt or claim belonging to the assignor that cannot be otherwise recovered without endangering the recovery of the claim or debt.

IC 32-18-1-17

Pre-2002 Recodification Citation: 32-12-1-17.

As added by P.L. 2-2002, SEC.3.