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2018 Georgia Code 46-3-433 | Car Wreck Lawyer

TITLE 46 PUBLIC UTILITIES AND PUBLIC TRANSPORTATION

Section 3. Electrical Service, 46-3-1 through 46-3-541.

ARTICLE 4 ELECTRIC MEMBERSHIP CORPORATIONS AND FOREIGN ELECTRIC COOPERATIVES

46-3-433. Qualification of receivers; giving of bond.

  1. A receiver shall in all cases be a citizen of the United States or a corporation authorized to act as receiver, which corporation may be a domestic corporation, either business or nonprofit, or a foreign corporation, either business or nonprofit, authorized to transact business in this state.
  2. A receiver shall in all cases give such bond as the court may direct, with such sureties as the court may require.

(Code 1933, § 34C-1214, enacted by Ga. L. 1981, p. 1587, § 1.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 19 Am. Jur. 2d, Corporations, § 2740, 2741, 2746. 65 Am. Jur. 2d, Receivers, §§ 36 et seq., 74 et seq.

C.J.S.

- 19 C.J.S., Corporations, § 866.

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