State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_28C > GS_28C-17

§28C‑17.  Appointment of public administrator as receiver for estate ofless than $1,000.

Whenever a receiver is to beappointed under this Chapter, and it is found by the judge that the fair valueof the estate involved is less than one thousand dollars ($1,000), the judgeshall appoint the public administrator as such receiver, if there be one forthe county. In case such public administrator is appointed, he shall act asreceiver under his official bond as public administrator which shall be liablefor any default, and no other bond shall be required. (1965,c. 815, s. 1; 1973, c. 1329, s. 2.)