Skip to main content
THIS SITE
PREVIOUS SECTION Go back to sections Go back to the chapter Go back to the N.J. Statutes homepage NEXT SECTION


New Jersey Statutes, Title: 15A, CORPORATIONS, NONPROFIT

    Chapter 14:

      Section: 15A: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.1983, c. 127, s. 15A:14-3, eff. Oct. 1, 1983.



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






Older versions of 15a:14-3 (if available):



Court decisions that cite this statute: CLICK HERE.