Minnesota Statutes

Minn. Stat. § 302A.755 (2026)

Qualifications Of Receivers; Powers

✓ current as of May 2026

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Subdivision 1.Qualifications.

Any person qualified under section 576.26 may be appointed as receiver. A receiver shall give bond as required by section 576.27.

Subd. 2.Powers.

A receiver may sue and defend all actions as receiver of the corporation. The court appointing the receiver has exclusive jurisdiction over the corporation, the receiver, and all receivership property pursuant to section 576.23.

Notes of Decisions

Cited in 1 case, 1991–1991 · leading case: In Re Telesports Prods., Inc., 476 N.W.2d 798 (Minn. Ct. App. 1991).

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In Re Telesports Prods., Inc., 476 N.W.2d 798 (Minn. Ct. App. 1991). · cites it 2× “Minn.Stat. § 302A.755, subd. 2 (1988). The receiver’s powers are defined by the orders of the court and include implied authority necessary to implement those orders.”

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