North Dakota Statutes

§ 10-33-109 — Qualifications of receivers - Powers

North Dakota·Title 10 Corporations·Ch. 10-33 Nonprofit Corporations
1.A receiver must be an individual or organization authorized to transact business or conduct activities in this state. A receiver shall give bond as directed by the court with the sureties required by the court.
2.A receiver may sue and defend in all courts as receiver of the corporation. The court appointing the receiver has exclusive jurisdiction of the corporation and its property.

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