47-1A-1431.2. Authority of court until full hearing held.
54 words·~1 min read·
/sd/title-47/chapter-47-1/47-1a-1431-2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A court in a proceeding brought to dissolve a corporation may issue injunctions, appoint a receiver or custodian pendente lite with all powers and duties the court directs, take other action required to preserve the corporate assets wherever located, and carry on the business of the corporation until a full hearing can be held.