(a) The Board may appoint a receiver and order the dissolution of an international financial services entity if the license of the international financial services entity or of the person of which the international financial services entity is a unit, is revoked or surrendered under section 730.
(b) The receiver appointed must be a person of recognized moral qualities, with vast experience in the field of banking or finance, and the receiver’s performance with the international financial services entity must be secured by an adequate bond, to be paid by the international financial services entity itself.
(c) The receiver shall manage the international financial services entity in accordance with the provisions of this chapter and shall:
(1) take possession of the assets and liabilities, books, records, documents and files which belong to the international financial services entity;
(2) collect all loans, charges and fees owed to the international financial services entity;
(3) pay all obligations and debts of the international financial services entity, after having paid the necessary costs of the receivership; and
(4) supervise the dissolution and liquidation of the international financial services entity.