Ohio Revised Code (Last Updated: January 27, 2016) |
Title 13. XIII COMMERCIAL TRANSACTIONS - OHIO UNIFORM COMMERCIAL CODE |
Chapter 1313. VOLUNTARY ASSIGNMENTS |
Section 1313.26. Compromise or sale of claims
Latest version.
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With the approval of the probate court an assignee or trustee for the benefit of creditors may compromise or sell any claim or demand, due or owing to the assignor, which is desperate or difficult of collection, and also, with like approval, complete and enforce all sales of the real property made by the assignor.
Effective Date: 10-01-1953