New Jersey Statutes
§ 15A:14-3 — Multiple receivers
New Jersey·Title 15A CORPORATIONS, NONPROFIT
When more than one receiver of a corporation is appointed:
(a)the provisions of this chapter applicable to one receiver shall be applicable to all;
(b)the debts and property of the corporation may be collected and received by any of them; and (c) the powers and rights conferred upon them may be exercised by a majority of them. L.1983, c. 127, s. 15A:14-3, eff. Oct. 1, 1983.
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Nearby Sections
15
§ 15A:14-1
Definitions§ 15A:14-10
Fraudulent transfers§ 15A:14-12
Fraudulent transfers; continued§ 15A:14-13
Liens by legal process§ 15A:14-14
Preferences§ 15A:14-15
Notice to creditors§ 15A:14-16
Claims; presentation; approval or rejection§ 15A:14-17
Claims; jury trial§ 15A:14-18
Review of receiver's actions§ 15A:14-19
Discontinuance of receivership action§ 15A:14-21
Distribution of assets; priorities§ 15A:14-22
Judgment of dissolution