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2018 Minnesota Statutes
Chapters 300 - 323A — BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
Chapter 317A — NONPROFIT CORPORATIONS
Section 317A.755 — QUALIFICATIONS OF RECEIVERS; POWERS.
Universal Citation: MN Stat § 317A.755 (2018)
317A.755 QUALIFICATIONS OF RECEIVERS; POWERS.
Subdivision 1. Qualifications. Any person qualified under section 576.26 may be appointed as a receiver. A receiver shall give bond as required by section 576.27.
Subd. 2. Powers. A receiver may sue and defend all actions as receiver of the corporation. The court appointing the receiver has exclusive jurisdiction over the corporation, the receiver, and all receivership property pursuant to section 576.23.
History: 1989 c 304 s 108; 2012 c 143 art 3 s 19
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