Receiver—Removal for cause.

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

The receiver shall proceed to wind up the affairs of the corporation with diligence and for negligence or misconduct in the discharge of his or her duties may be removed by the superior court upon a proper showing made by a taxpayer of the former city or town or by an unsatisfied creditor thereof.

[ 2009 c 549 § 2008; 1965 c 7 § 35.07.200. Prior: 1897 c 69 § 13, part; RRS § 8926, part.]


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