2007 Minnesota Code
Chapters 300 - 319B Corporations
Chapter 302A Business Corporations
Section 302A.755 QUALIFICATIONS OF RECEIVERS; POWERS.
302A.755 QUALIFICATIONS OF RECEIVERS; POWERS.
Subdivision 1. Qualifications. A receiver shall be a natural person or a domestic corporation
or a foreign corporation authorized to transact business in this state. A receiver shall give bond as
directed by the court with the sureties required by the court.
Subd. 2. Powers. A receiver may sue and defend in all courts as receiver of the corporation.
The court appointing the receiver has exclusive jurisdiction of the corporation and its property.
History: 1981 c 270 s 110
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