17-6908


Chapter 17.--CORPORATIONS


Article 69.--INSOLVENCY; RECEIVERS

     
17-6908.   Same; compensation, costs and
expenses.

The district court, before making distribution of the assets of a corporation
among the creditors or stockholders thereof, shall allow and pay out of the
assets: (1) A reasonable compensation to the receiver for the receiver's
services; (2) the cost and expenses incurred in and about the execution of the
receivership, including reasonable attorneys' fees; and (3) the costs of the
proceedings in the court.

     
History:   L. 1972, ch. 52, § 111;
L. 2004, ch. 143, § 69; Jan. 1, 2005.