Power of court in liquidation proceedings--Action by attorney general.

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47-26-25. Power of court in liquidation proceedings--Action by attorney general.

Courts of equity shall have full power to liquidate the assets and affairs of a corporation when an action has been filed by the attorney general to dissolve a corporation and it is established that liquidation of its affairs should precede the entry of a decree of dissolution.

Source: SL 1965, ch 24, §56 (4).


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