Voluntary Assignment

Legal Definition and Related Resources of Voluntary assignment

Meaning of Voluntary assignment

An assignment made by a debtor in trust for the benefit of his creditors. So called in contradistinction from “compulsory assignments,” or such as are made under statutes of bankruptcy and insolvency, or by order of some competent court. Burrill, Assignm. p. 4; 10 Paige (N. Y.) 445; 1 Comst. (N. Y.) 201.

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This definition of Voluntary Assignment is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.

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Meaning of Voluntary Assignment

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  • General Assignment

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