Notwithstanding any other provision of this title, the defendant may make a general assignment for the benefit of creditors.
Cal. Civ. Proc. Code § 493.020
Effect of Bankruptcy Proceedings and General Assignments for the Benefit of Creditors
Known as the The Attachment Law
The act spans §§ 481–493 (195 sections).
Added by Stats. 1977, Ch. 499.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.