Multiple receivers

N.J.S.A. 14A:14-3, under Chapter 14.

N.J.S.A. 14A:14-3

14A:14-3. Multiple receivers

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.1968, c.350.