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Estate to vest in official assignees (if required by resolution) either alone or jointly with any other person. 349. From and after the date of the approval and confirmation of such resolution or agreement, all the estate and effects of such petitioning [debtor] shall vest in the [official assignee] (if such shall be required by virtue of such resolution, and either alone or jointly with any person or persons, as may be expressed in such resolution), as fully as if such [official assignee] and other parties were assignees under any bankruptcy.[
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