Qualifications of receivers - Powers
N.D. Cent. Code § 10-19.1-117
in effect10-19.1-117. Qualifications of receivers - Powers
1. A receiver must be an individual, a domestic organization, or a foreign organization
authorized to transact business or conduct activities in this state. A receiver shall give
bond as directed by the court with the sureties required by the court.
2. A receiver may sue and defend in all courts as receiver of the corporation. The court
appointing the receiver has exclusive jurisdiction of the corporation and its property.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t10c19-1.pdf#nameddest=10-19p1-117Fetched: 10/16/2026
