In case of failure of any creditor or public administrator to apply for the appointment of a receiver as herein provided, the estate may be administered by the assignee appointed in the assignment, but shall be administered and distributed under the supervision of the district court.
When assignee may act
N.D.C.C. § 32-26-04 — under Administration of Assignment for Benefit of Creditors.
N.D.C.C. § 32-26-04