US Laws, Codes, Statutes & Cases

 
  § 1111. Preservation of assets; appointment of receiver.
    At  any  stage  of an action or special proceeding under this article,
  the court may, in its discretion, make all such orders as  it  may  deem
  proper  in  connection  with preserving the property and carrying on the
  business of the corporation, including the appointment and removal of  a
  receiver under article 12 (Receivership), who may be a director, officer
  or member of the corporation.