Section 45: Debt payable at a future time. A creditor may prove for a debt not payable when the

45. Debt payable at a future time. A creditor may prove for a debt not payable when the debtor is adjudged an insolvent as if it were payable presently, and may receive dividends equally with the other creditors, deducting therefrom only rebate of interest at the rate of six per centum per annum computed from the declaration of a dividend to the time when the debt would have become payable, according to the terms on which it was contracted.

Effective date: 1920-01-01

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