Uniform Assignment for Benefit of Creditors Act; creates a voluntary state law process for distressed organizations to liquidate assets and distribute proceeds to creditors

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 4 Compare versions History 22 Sponsors

Businesses & Financial Institutions

Chamber: Senate
Introduced: Aug 20, 2025
Last action: Jan 13, 2026 — Read for the first time and referred to the Senate Committee on Fiscal Responsibility and Economic Development
Session: 2026rs
Momentum: 84 · Very high