15A:14-3. Multiple receivers When more than one receiver of a corporation is appointed: (a) the provisions of this chapter applicable to one receiver shall be applicable to all; (b) the debts and property of the corporation may be collected and received by any of them; and (c) the powers and rights conferred upon them may be exercised by a majority of them. L.1983, c. 127, s. 15A:14-3, eff. Oct. 1, 1983.
New Jersey Legal Code