Qualifications of receivers - Powers
N.D. Cent. Code § 10-33-109
in effect10-33-109. Qualifications of receivers - Powers
1. A receiver must be an individual or organization authorized to transact business or
conduct activities in this state. A receiver shall give bond as directed by the court with
the sureties required by the court.
2. A receiver may sue and defend in all courts as receiver of the corporation. The court
appointing the receiver has exclusive jurisdiction of the corporation and its property.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t10c33.pdf#nameddest=10-33-109Fetched: 10/16/2026
