At the expiration of three months after the time of the first publication and the mailing of notice, an assignee shall report and file with the clerk of the court a true and complete list, under oath, of all the creditors of the assignor that have filed their claims, the place of their residence, the amount claimed, and the amount and value, if any, of any security held by any such creditor. The assignee shall also file a statement of all the assignee's proceedings with reference to the trust, showing what money has come into the assignee's possession and all the disbursements of such money.
Source: L. 1897: p. 97, § 10. R.S. 08: § 183. C.L. § 6250. CSA: C. 12, § 10. CRS 53: § 11-1-10. C.R.S. 1963: § 11-1-10. L. 2026: Entire section amended, (HB 26-1426), ch. 334, p. 2009, § 47, effective August 12.
ANNOTATION
An assignee is an officer of the court and responsible for an accounting to the court, the debtors, and the debtor's creditors. People v. Radinsky, 176 Colo. 357, 490 P.2d 951 (1971).
An assignee perpetrates a fraud by filing false documents upon the court. People v. Radinsky, 176 Colo. 357, 490 P.2d 951 (1971).