Appointment of Receiver

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The court before whom the suit is pending, may, at any time, appoint a receiver to take possession of property attached under this chapter or chapter 7 of this title, and to collect, manage, and control the same, and pay over the proceeds according to the nature of the property and exigency of the case.

Code 1858, § 3503; Shan., § 5263; Code 1932, § 9454; impl. am. Acts 1979, ch. 68, § 3; T.C.A. (orig. ed.), § 23-640.

Cross-References. Judicial power to appoint receivers in general, §29-1-103.

Textbooks. Gibson's Suits in Chancery (7th ed., Inman), §§ 342, 353.


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