Find Bill
Find Your Legislator
Legislative Deadlines
Nov. 18, 2017
RSS Feed Permanent URL -A +A

2016 Statute



Prev Article 69. - INSOLVENCY; RECEIVERSNext


17-6901.Receivers for insolvent corporations; appointment; powers. Whenever a corporation shall be insolvent, the district court, on the application of any creditor or stockholder thereof, may appoint, at any time, one or more persons to be receivers of and for the corporation, to take charge of its assets, estate, effects, business and affairs, and to collect the outstanding debts, claims and property due and belonging to the corporation, with power to prosecute and defend, in the name of the corporation or otherwise, all claims or suits, to appoint an agent or agents under them and to do all other acts which might be done by the corporation and which may be necessary or proper. The powers of the receivers shall be such and shall continue so long as the court shall deem necessary.

History: L. 1972, ch. 52, § 104; July 1.



Prev Article 69. - INSOLVENCY; RECEIVERSNext
2017. Powered by KLISS. Rendered: 2017-11-18T09:58:12. Head Rev No: 338583