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Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS

Chapter 351

previous next Effective - 28 Aug 2011bottom

  351.1189.  Receivers, requirements. — 1.  A receiver shall be a natural person or a domestic business entity or a foreign business entity authorized to transact business in this state.  A receiver shall give a bond as directed by the court with the sureties required by the court.

  2.  A receiver may sue and defend in all courts as receiver of the cooperative.  The court appointing the receiver has exclusive jurisdiction over the cooperative and its property.

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(L. 2011 S.B. 366)


---- end of effective   28 Aug 2011 ----

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