Legislation
SECTION 1111
Preservation of assets; appointment of receiver
Not-for-Profit Corporation (NPC) CHAPTER 35, ARTICLE 11
§ 1111. Preservation of assets; appointment of receiver.
At any stage of an action or special proceeding under this article,
the court may, in its discretion, make all such orders as it may deem
proper in connection with preserving the property and carrying on the
business of the corporation, including the appointment and removal of a
receiver under article 12 (Receivership), who may be a director, officer
or member of the corporation.
At any stage of an action or special proceeding under this article,
the court may, in its discretion, make all such orders as it may deem
proper in connection with preserving the property and carrying on the
business of the corporation, including the appointment and removal of a
receiver under article 12 (Receivership), who may be a director, officer
or member of the corporation.