New Jersey Statutes
§ 14A:14-4 — Title to corporate property and franchises
New Jersey·Title 14A CORPORATIONS, GENERAL
(1)Upon his appointment, the receiver shall become vested with the title to all the property of the corporation, of every nature, including its franchises.
(2)For the purpose of avoiding encumbrances, transfers and preferences, the right and title of a receiver shall relate back to the date upon which the receivership action commenced.
L.1968, c.350.
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Nearby Sections
15
§ 14A:14-1
Definitions§ 14A:14-13
Liens by legal process§ 14A:14-14
Preferences§ 14A:14-15
Notice to creditors§ 14A:14-16
Claims; presentation; approval or rejection§ 14A:14-17
Claims; jury trial§ 14A:14-18
Review of receiver's actions§ 14A:14-19
Discontinuance of receivership action§ 14A:14-21
Distribution of assets; priorities§ 14A:14-22
Judgment of dissolution