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Okla. Stat. tit. 24, § 24-46

This is the official text of Okla. Stat. tit. 24, § 24-46, part of Oklahoma’s Stat. tit. 24, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 24,." Browse the sections below, each linked to its official government source.

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Accounting by assignee - Supervision by judge of district

Official statutory text

court - Removal or discharge - Bankruptcy proceedings.

After the lapse of six (6) months from the date of filing his

bond the assignee, on motion of any one of the creditors, with ten

(10) days' notice, accompanied by an affidavit of the creditor, his

agent or attorney, setting forth his claim and the amount thereof,

and that no account has been filed within six (6) months, may be

ordered by the court or by the judge thereof, at any place in his

judicial district, to render an account of his proceedings, within a

given time, to be fixed by the court, or the judge thereof, not to

exceed fifteen days. All proceedings under this chapter shall be

subject to the order and supervision of the judge of the district

court of the county in which such assignment was made, and such

judge may, from time to time, in his discretion, on the petition of

one or more of his creditors, by order, citation, attachment or

otherwise, require any assignee or assignees to render accounts and

file reports of his or their proceedings and of the conditions of

such trust estate, and may order or decree distribution thereof; and

such judge may, in his discretion, for cause shown, remove any

assignee or assignees and appoint another or others instead, who

shall give such bond as the judge, in view of the conditions and

value of the estate, may direct, and such order or removal and

appointment, shall in terms transfer to such new assignee or

assignees all the trust estate, real, personal and mixed, and may be

recorded in the deed records in the office of registers of deeds of

any county wherein any real estate affected by the assignment may be

situated. And such judge may by order, which may be enforced as

upon proceedings for contempt, compel the assignee or assignees so

Oklahoma Statutes - Title 24. Debtor and Creditor Page 9

removed to deliver all property, money, choses in action, book

accounts and vouchers, to the assignee or assignees so appointed,

and to make, execute and deliver to such new assignee or assignees

such deeds, assignments and transfers as such judge may deem proper,

and to render a full account and report of all matters connected

with such trust estate. Whenever any assignee so removed shall have

fully accounted for and turned over to the assignee or assignees

appointed by the judge all the trust estate, and made a full report

of all his doings, and complied with all orders of the judge

touching such estate, and also whenever an assignee has fully

complied with his trust, he may by order of the judge be fully

discharged from all further duties, liabilities and responsibilities

connected with the trust. In either case he shall give notice by

publication in some newspaper of the county, if there be one printed

and published therein, and if not, a newspaper published at the

capital of the state, once in each week for at least three (3)

weeks, that he will apply to such judge for such discharge, at a

time and place to be stated in such notice, which time shall not be

more than three (3) weeks after the last publication of the notice.

If, upon the hearing, the judge shall be satisfied that the assignee

is entitled to be discharged, he shall make an order accordingly; or

if, in the opinion of the judge, anything remains to be done by such

assignee, he may require the performance thereof before making such

order. Such order shall have the effect of discharging the assignee

and his sureties from all further responsibility in respect to the

trust, and such order shall not be refused on account of any failure

on the part of the assignee to comply with the formal provision of

law, where no loss or damage to anyone shall have occurred through

such failure. Whenever the trust estate shall have been taken out

of the hands of the assignee by proceedings in bankruptcy in the

federal court, the assignee may in like manner be discharged, upon
, and such order shall not be refused on account of any failure

on the part of the assignee to comply with the formal provision of

law, where no loss or damage to anyone shall have occurred through

such failure. Whenever the trust estate shall have been taken out

of the hands of the assignee by proceedings in bankruptcy in the

federal court, the assignee may in like manner be discharged, upon

showing that he has fully accounted with the assignee in bankruptcy,

and turned over to him the whole of the trust estate.

R.L. 1910, § 229.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.