Section 21-21-5 - Receivership under usages of equity

21-21-5. Receivership under usages of equity.A receiver may be appointed by the court in which an action is pending, or by the judge thereof, in all other cases where receivers have heretofore been appointed by the usages of courts of equity. Source: CCivP 1877, §219, subdiv 6; CL 1887, §5015, subdiv 6; RCCivP 1903, §227, subdiv 6; RC 1919, §2475 (6); SDC 1939 & Supp 1960, §37.2601 (6).