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New Jersey Statutes, Title: 14A, CORPORATIONS, GENERAL

    Chapter 14:

      Section: 14A:14-3: Multiple receivers

           When more than one receiver of a corporation is appointed,

(a) the provisions of this chapter applicable to one receiver shall be applicable to all;

(b) the debts and property of the corporation may be collected and received by any of them; and

(c) the powers and rights conferred upon them may be exercised by a majority of them.

L.1968, c.350.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 14a:14-3 (if available):



Court decisions that cite this statute: CLICK HERE.