55-12-24. Authority of receiver.
85 words·~1 min read·
/sd/title-55/chapter-55-12/55-12-24·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If a receiver is appointed by the court, the receiver may collect, receive, and take into the receiver's possession all the goods and chattels, rights and credits, moneys and effects, land and tenements, books, records, documents, papers, choses in action, bills, notes, and property of every description. If any property has been commingled and the property cannot be identified because of the commingling, the receiver may sell, convey, and assign the property and hold and dispose of any proceeds under the direction of the court.