2005 Connecticut Code - Sec. 52-505. Receivers for certain associations, communities or corporations.
Sec. 52-505. Receivers for certain associations, communities or corporations.
(a) If in any town, any association, community or corporation organized in whole or in
part for the support of its members, has property upon which its members, in whole or
in part, are dependent for support, and, in the opinion of the selectmen of the town, there
is danger that the property will be lost or expended in any manner so that some of the
members may become an expense to the town, the selectmen may bring an application,
in the name of the town, to the superior court for the judicial district in which the town
is situated, for the appointment of a receiver of the property of the association, community or corporation and for other equitable relief.
(c) No application may be brought under this section by the selectmen until the matter has been submitted to the town at a special meeting called for that purpose and until the town has approved of the application by vote at the meeting.
(1949 Rev., S. 8241; P.A. 78-280, S. 2, 127; P.A. 82-160, S. 195.)
History: P.A. 78-280 substituted "judicial district" for "county"; P.A. 82-160 rephrased the section and inserted Subsec. indicators.
Joint bond of two receivers construed. 79 C. 470.
Disclaimer: These codes may not be the most recent version. Connecticut may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.