Qualification of receivers

A receiver shall in all cases be a citizen of the Unites [United] States or a corporation for profit authorized to act as receiver, which corporation may be a domestic corporation or a foreign corporation authorized to transact business in New Mexico and shall in all cases give bond as the court may direct with sureties as the court may require. History: 1953 Comp., § 51-14-99, enacted by Laws 1975, ch. 217, § 57.