2022 Georgia Code
Title 9 - Civil Practice
Chapter 8 - Receivers
§ 9-8-3. Appointment of Receiver — to Hold Assets Liable for Debt; Appointment Without Notice; Terms
Equity may appoint a receiver to take possession of and hold, subject to the direction of the court, any assets charged with the payment of debts where there is manifest danger of loss, destruction, or material injury to those interested. Under extraordinary circumstances, a receiver may be appointed before and without notice to the trustee or other person having charge of the assets. The terms on which a receiver is appointed shall be in the discretion of the court.
History. Orig. Code 1863, § 3080; Code 1868, § 3092; Code 1873, § 3149; Code 1882, § 3149; Civil Code 1895, § 4904; Civil Code 1910, § 5479; Code 1933, § 55-305.
Law reviews.
For article, “Buying Distressed Commercial Real Estate: What are the Alternatives?,” see 16 (No. 4) Ga. St. B.J. 18 (2010).
