N.J. Stat. § 15A:14-3

Current through L. 2024, c. 80.
Section 15A: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.

N.J.S. § 15A:14-3

L.1983, c.127, s.15A:14-3, eff. 10/1/1983.