§18-1113. Compensation, Costs and Expenses of Receiver or Trustee.
83 words·~1 min read·
/ok/title-18-corporations/18-1113·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
COMPENSATION, COSTS AND EXPENSES OF RECEIVER OR TRUSTEE
The district court, before making distribution of the assets of a corporation among the creditors or shareholders thereof, shall allow a reasonable compensation to the receiver or trustee for his services, and the costs and expenses incurred in and about the
execution of his trust, and the costs of the proceedings in the district court, to be first paid out of the assets. Added by Laws 1986, c. 292, § 113, eff. Nov. 1, 1986.