There is a newer version of the Connecticut General Statutes
2005 Connecticut Code - Sec. 52-514. Receivership; dissolution of attachment and levy of execution; costs.
Sec. 52-514. Receivership; dissolution of attachment and levy of execution;
costs. (a) The commencement of proceedings for the appointment of a receiver of a
corporation or a partnership shall dissolve all attachments and all levies of executions
not completed, made within the preceding sixty days, on the property of the corporation
or partnership.
(c) Attaching or levying creditors shall be allowed the amount of their legal costs, accruing before the time of the appointment of a receiver, as a preferred claim against the property of the corporation or partnership, if their respective claims upon which the attachments are founded are allowed, in whole or in part.
(1949 Rev., S. 8250; P.A. 82-160, S. 201.)
History: P.A. 82-160 rephrased the section and inserted Subsec. indicators.
Creditor's rights to attach or levy are suspended by the appointment. 66 C. 359; 70 C. 232; 106 C. 165. Statute has no application to legal proceedings in other states. 71 C. 353. Statute applies to suits commenced in the federal as well as in the state courts. 73 C. 154, 155. Action may, however, be pursued. 85 C. 278.
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