2013 New Jersey Revised Statutes
Title 14A - CORPORATIONS, GENERAL
Section 14A:14-3 - Multiple receivers


NJ Rev Stat § 14A:14-3 (2013) What's This?

14A:14-3. Multiple receivers
When more than one receiver of a corporation is appointed,

(a) the provisions of this chapter applicable to one receiver shall be applicable to all;

(b) the debts and property of the corporation may be collected and received by any of them; and

(c) the powers and rights conferred upon them may be exercised by a majority of them.

L.1968, c.350.


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