SB15 — Uniform Assignment for Benefit of Creditors Act; creates a voluntary state law process for distressed organizations to liquidate assets and distribute proceeds to creditors

SB15 — Uniform Assignment for Benefit of Creditors Act; creates a voluntary state law process for distressed organizations to liquidate assets and distribute proceeds to creditors · Informed CitizenrySB15 creates the Uniform Assignment for Benefit of Creditors Act, establishing a voluntary state-level process for distressed organizations or legal entities to liquidate assets and distribute proc…Open in Informed Citizenry