2018 Georgia Code
Title 46 - Public Utilities and Public Transportation
Chapter 3 - Electrical Service
Article 4 - Electric Membership Corporations and Foreign Electric Cooperatives
Part 12 - Dissolution of Electric Membership Corporations
§ 46-3-433. Qualification of receivers; giving of bond

Universal Citation: GA Code § 46-3-433 (2018)
  • (a) A receiver shall in all cases be a citizen of the United States or a corporation authorized to act as receiver, which corporation may be a domestic corporation, either business or nonprofit, or a foreign corporation, either business or nonprofit, authorized to transact business in this state.

  • (b) A receiver shall in all cases give such bond as the court may direct, with such sureties as the court may require.

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