N.D. Cent. Code § 4.1-18.1-13
This is the official text of N.D. Cent. Code § 4.1-18.1-13, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.
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4.1-18.1-13. Powers of receiver
Official statutory text
4.1-18.1-13. Powers of receiver
1. When a receiver is appointed by the court pursuant to this chapter, the receiver may
sue for, collect, receive, or take into possession all the goods and chattels, rights and
credits, moneys and effects, lands and tenements, books, records, documents,
papers, choses in action, bills, notes, and property of every description, derived by
means of a violation of this chapter, including property with which the property has
been commingled if it cannot be identified in kind because of the commingling, and
sell, convey, and assign the property and hold and dispose of the proceeds under the
direction of the court.
2. A person who has suffered damages due to another person violating this chapter and
submits proof to the satisfaction of the court that the person has in fact been damaged
may participate with general creditors in the distribution of the assets to the extent the
person has sustained losses. The court has jurisdiction of all questions arising in these
proceedings and may make orders and judgments as necessary.
1. When a receiver is appointed by the court pursuant to this chapter, the receiver may
sue for, collect, receive, or take into possession all the goods and chattels, rights and
credits, moneys and effects, lands and tenements, books, records, documents,
papers, choses in action, bills, notes, and property of every description, derived by
means of a violation of this chapter, including property with which the property has
been commingled if it cannot be identified in kind because of the commingling, and
sell, convey, and assign the property and hold and dispose of the proceeds under the
direction of the court.
2. A person who has suffered damages due to another person violating this chapter and
submits proof to the satisfaction of the court that the person has in fact been damaged
may participate with general creditors in the distribution of the assets to the extent the
person has sustained losses. The court has jurisdiction of all questions arising in these
proceedings and may make orders and judgments as necessary.
Status: in_force · Read it on the official government site
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