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  • SECTION 59
    Consenting creditor must relinquish security
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  • ARTICLE 3
    Insolvent's Discharge From Debts
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  • SECTION 61
    Affidavit of consenting creditor
    • This entry was published on 2014-09-22
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    SECTION 60

    Penalty if creditor swears falsely

    Debtor & Creditor (DCD) CHAPTER 12, ARTICLE 3

    § 60. Penalty if creditor swears falsely. If a creditor knowingly
    swears, in any proceedings authorized by this article, that the
    petitioner is, or will become, indebted to him, in a sum of money, which
    is not really due, or thereafter to become due; or in more than the true
    amount; or that more was paid for a debt, which was purchased or
    assigned, than the sum, actually and in good faith paid therefor; he
    forfeits to the trustee, to be recovered in an action, twice the sum, so
    falsely sworn to.