2018 New Jersey Revised Statutes
Title 14A - CORPORATIONS, GENERAL
Section 14a:14-3 - Multiple receivers
Section: 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.