Section 297-A. Recording of certified copies of bankruptcy papers; constructive notice  


Latest version.
  • 1. A copy of a  petition  in  bankruptcy  with  the
      schedules  omitted,  of a decree of adjudication of bankruptcy and of an
      order approving the bond of a trustee in bankruptcy, or any of them,  in
      each  case  certified  in  accordance with the laws of the United States
      applicable at the time of certification, may be recorded in  the  office
      of  the recording officer of any county, irrespective of the location of
      the United States district court having jurisdiction of  the  bankruptcy
      proceeding  or in which such petition was filed or order of adjudication
      or approval of the trustee's bond was made.
        2. (a) Each paper, together with the certification  thereof,  recorded
      pursuant   to  this  section  shall,  for  the  purposes  of  recording,
      transcription, reproduction and indexing, be regarded as a deed  by  the
      bankrupt  or alleged bankrupt to the trustee in bankruptcy named therein
      or, if no trustee be named, to the trustee appointed, or  thereafter  to
      be appointed.
        (b)  In  counties  where,  under certain circumstances and pursuant to
      law, deeds or  other  instruments  are  recordable  among  miscellaneous
      instruments,  or  indexed  in the index of such instruments, each of the
      papers shall be similarly recorded or  indexed.  In  other  counties  or
      cases, it shall be recorded or indexed as a deed.
        (c)  Where  the  paper  so  recorded  does  not reveal the name of the
      trustee in bankruptcy, the recording officer shall substitute,  for  the
      name of the grantee in the index or indices in his office where the name
      of  the  grantee in a deed is required to be entered, the words "Trustee
      in bankruptcy"; but any irregularity or failure of the recording officer
      in compliance with  this  paragraph  shall  not  invalidate  the  record
      thereof.
        (d)  The  recording  of  the paper and the certification thereof shall
      have the same effect as constructive notice as if it were  a  conveyance
      to a named grantee, duly acknowledged or proved and recorded.
        (e) The petition, decree or order referred to in subdivision 1 of this
      section may be one either heretofore or hereafter filed or made pursuant
      to any law of the United States relating to bankruptcy.