2018 Delaware Code
Title 8 - Corporations
CHAPTER 1. GENERAL CORPORATION LAW
Subchapter XI Insolvency; Receivers and Trustees
§ 298. Compensation, costs and expenses of receiver or trustee.

Universal Citation: 8 DE Code § 298 (2018)

The Court of Chancery, before making distribution of the assets of a corporation among the creditors or stockholders thereof, shall allow a reasonable compensation to the receiver or trustee for such receiver's or trustee's services, and the costs and expenses incurred in and about the execution of such receiver's or trustee's trust, and the costs of the proceedings in the Court, to be first paid out of the assets.

8 Del. C. 1953, § 298; 56 Del. Laws, c. 50; 71 Del. Laws, c. 339, § 62.

Disclaimer: These codes may not be the most recent version. Delaware 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.