31-2-104. Payments in preference. A debtor may pay one creditor in preference to another or may give to one creditor security for the payment of the creditor's demand in preference to another.

     History: En. Sec. 4483, Civ. C. 1895; re-en. Sec. 6125, Rev. C. 1907; re-en. Sec. 8601, R.C.M. 1921; Cal. Civ. C. Sec. 3432; Field Civ. C. Sec. 1916; re-en. Sec. 8601, R.C.M. 1935; R.C.M. 1947, 18-104; amd. Sec. 983, Ch. 56, L. 2009.