The judge of the superior court, in his discretion, may require a receiver to give bond conditioned for the faithful discharge of the trust reposed. If bond is so required, the judge shall fix the amount thereof and shall determine the sufficiency of the security. The judge shall also regulate the compensation paid to the receiver.
(Orig. Code 1863, § 274; Code 1868, § 268; Code 1873, § 277; Code 1882, § 277; Civil Code 1895, § 4907; Civil Code 1910, § 5482; Code 1933, § 55-308.)
RESEARCH REFERENCES
Am. Jur. 2d.
- 65 Am. Jur. 2d, Receivers, § 59.
C.J.S.- 75 C.J.S., Receivers, §§ 75, 472 et seq.
ALR.
- Leave of court as prerequisite to action on statutory bond, 2 A.L.R. 563.