2005 Idaho Code - 8-602 — APPOINTMENT UPON DISSOLUTION OF CORPORATION

                                   TITLE  8
                    PROVISIONAL REMEDIES IN CIVIL ACTIONS
                                  CHAPTER 6
                                  RECEIVERS
    8-602.  APPOINTMENT UPON DISSOLUTION OF CORPORATION. Upon the dissolution
of any corporation the district court of the county in which the corporation
carries on its business or has its principal place of business, on application
of any creditor of the corporation, or of any member or stockholder thereof,
may appoint one (1) or more persons to be receivers or trustees of the
corporation, to take charge of the estate and effects thereof, and to collect
the debts and property due and belonging to the corporation, and to pay the
outstanding debts thereof, and to divide the moneys and other property that
shall remain over, among the stockholders or members.

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

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.