O.C.G.A.
O.C.G.A. § 46-3-433 (2019)
Qualification of receivers; giving of bond
✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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(a) 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.
(b) A receiver shall in all cases give such bond as the court may direct, with such sureties as the court may require.
History
(Code 1933, § 34C-1214, enacted by Ga. L. 1981, p. 1587, § 1.)
Annotations
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.