[Previous] [Next]

§58-265.


§58-265.
   
   Any contract for the borrowing of money or the mortgaging or pledging
   of the assets of the estate for any of the purposes stated in Section
   264 of this title must have the approval of the judge of the district
   court having jurisdiction of the settlement of the estate and the
   procedure therefor shall be the same procedure as that provided for in
   Sections 385-b (as amended), 385-c, and 385-d of this title, except
   that personal property may be mortgaged or pledged as security for
   such indebtedness without limitation to two-thirds (2/3) of the
   appraised value thereof.
   

[Previous] [Next]