Legislation
SECTION 197
Provision for neglectful creditors
Debtor & Creditor (DCD) CHAPTER 12, ARTICLE 7
§ 197. Provision for neglectful creditors. Any creditor who shall have
neglected to deliver to the trustees an account of his demand, before
the first, second, third or other dividend, and who shall deliver his
account to them before the second, or other subsequent dividend, shall
receive the sum he would have been entitled to, on any former dividend,
before any distribution be made to other creditors.
neglected to deliver to the trustees an account of his demand, before
the first, second, third or other dividend, and who shall deliver his
account to them before the second, or other subsequent dividend, shall
receive the sum he would have been entitled to, on any former dividend,
before any distribution be made to other creditors.