Qualification of Receivers; Giving of Bond

  1. Law
  2. Georgia Code
  3. Public Utilities and Public Transportation
  4. Electrical Service
  5. Electric Membership Corporations and Foreign Electric Cooperatives
  6. Dissolution of Electric Membership Corporations
  7. Qualification of Receivers; Giving of Bond

Checkout our iOS App for a better way to browser and research.

  1. A receiver shall in all cases be a citizen of the United States or a corporation authorized to act as receiver, which corporation may be a domestic corporation, either business or nonprofit, or a foreign corporation, either business or nonprofit, authorized to transact business in this state.
  2. A receiver shall in all cases give such bond as the court may direct, with such sureties as the court may require.

(Code 1933, § 34C-1214, enacted by Ga. L. 1981, p. 1587, § 1.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 19 Am. Jur. 2d, Corporations, § 2740, 2741, 2746. 65 Am. Jur. 2d, Receivers, §§ 36 et seq., 74 et seq.

C.J.S.

- 19 C.J.S., Corporations, § 866.


Download our app to see the most-to-date content.