State Codes and Statutes

Statutes > New-jersey > Title-14a > Section-14a-14 > 14a-14-3

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.
 

State Codes and Statutes

Statutes > New-jersey > Title-14a > Section-14a-14 > 14a-14-3

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.
 

State Codes and Statutes

State Codes and Statutes

Statutes > New-jersey > Title-14a > Section-14a-14 > 14a-14-3

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.