When a person makes an assignment for the benefit of creditors, the public administrator, either on the administrator's own petition or on the petition of a creditor of the assignor, shall be appointed receiver and shall administer the assignment in the place of the assignee named therein.
Public administrator to act as receiver in assignment for the benefit of creditors
N.D.C.C. § 11-21-10, under Public Administrator.
N.D.C.C. § 11-21-10