2019 New Jersey Revised Statutes
Title 14A - Corporations, General
Section 14A:14-3 - Multiple receivers

Universal Citation: NJ Rev Stat § 14A:14-3 (2019)

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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