2019 Delaware Code
Title 8 - Corporations
Chapter 1. General Corporation Law
Subchapter XI Insolvency; Receivers and Trustees
§ 299 Substitution of trustee or receiver as party; abatement of actions.

Universal Citation: 8 DE Code § 299 (2019)

A trustee or receiver, upon application by such receiver or trustee in the court in which any suit is pending, shall be substituted as party plaintiff in the place of the corporation in any suit or proceeding which was so pending at the time of such receiver’s or trustee’s appointment. No action against a trustee or receiver of a corporation shall abate by reason of such receiver’s or trustee’s death, but, upon suggestion of the facts on the record, shall be continued against such receiver’s or trustee’s successor or against the corporation in case no new trustee or receiver is appointed.

8 Del. C. 1953, § 299; 56 Del. Laws, c. 50; 71 Del. Laws, c. 339, § 63.

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