15 Pa. C.S. § 5986

Current through 2024 legislation effective May 8, 2024

Section 5986 - Qualifications of receivers

A receiver shall in all cases be a natural person of full age or a corporation authorized to act as receiver, which corporation, if so authorized, may be a domestic corporation for profit or not-for- profit or a foreign corporation for profit or not-for-profit authorized to do business in this Commonwealth, and shall give such bond, if any, as the court may direct, with such sureties, if any, as the court may require.

15 Pa.C.S. § 5986

Amended by P.L. 476 2013 No. 67, § 45, eff. 9/7/2013.

1972, Nov. 15, P.L. 1063, No. 271, § 7986, effective in 90 days. Renumbered 1988, Dec. 21, P.L. 1444, No. 177, § 103, effective Oct. 1, 1989.