The receiver's compensation shall be fixed by the court in which the receivership is pending, but such compensation shall not be fixed at more than five percent (5%) of the gross amount of the receipts of the receivership.Acts 1941, ch. 19, § 4; C. Supp. 1950, § 1789.10 (Williams, § 1789.4); T.C.A. (orig. ed.), § 67-1906.
Tennessee Legal Code