Rejected bond valid until new one given — new bond relates back

§ 426.120 RSMo — under Assignment for Benefit of Creditors.

§ 426.120 RSMo

426.120. Rejected bond valid until new one given — new bond relates back. — Such bond shall be valid until such new bond be given and approved, notwithstanding its rejection by the court, and such new bond, when approved, shall relate back, and be operative from the date of assignment.

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(RSMo 1939 § 5750)

Prior revisions: 1929 § 5640; 1919 § 636; 1909 § 909