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2012 South Dakota Codified Laws
Title 47 CORPORATIONS
Chapter 26. Nonprofit Corporations--Dissolution And Liquidation
§47-26-32 Capacity of receiver to sue and be sued--Jurisdiction of court.


SD Codified L § 47-26-32 (through 2012) What's This?


47-26-32. Capacity of receiver to sue and be sued--Jurisdiction of court. A receiver of a corporation appointed under the provisions of § 47-26-28 or 47-26-29 shall have authority to sue and defend in all courts in his own name as receiver of such corporation. The court appointing such receiver shall have exclusive jurisdiction of the corporation and its property, wherever situated.

Source: SL 1965, ch 24, § 57.

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