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This entry was published on 2014-09-22
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ARTICLE 12
Receivership
Not-for-Profit Corporation (NPC) CHAPTER 35
ARTICLE 12

RECEIVERSHIP
Section 1201. Action by judgment creditor for sequestration.

1202. Appointment of receiver of property of a domestic or

foreign corporation.

1203. Temporary and permanent receiver.

1204. Oath and security.

1205. Designation of depositories by court.

1206. Powers of permanent receiver.

1207. Duties of receiver upon appointment.

1208. Penalty for concealing property from receiver.

1209. Recovery of assets.

1210. Order of payment by receiver.

1211. Final distribution by receiver.

1212. Disposition of moneys retained; surplus; unclaimed

distributions.

1213. Omission or default of receiver.

1214. Application by attorney-general for removal of receiver

and to close receivership.

1215. Resignation by receiver; filling any vacancy.

1216. Final accounting; notice; duty of attorney-general.

1217. Commissions.

1218. Special provisions relating to actions or special

proceedings against foreign corporations.