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This entry was published on 2014-09-22
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SECTION 1214
Application by attorney-general for removal of receiver and to close receivership
Not-for-Profit Corporation (NPC) CHAPTER 35, ARTICLE 12
§ 1214. Application by attorney-general for removal of receiver and to

close receivership.

(a) Whenever he or she deems it to be to the advantage of the members,
creditors or other persons interested in the assets of any corporation
for which a receiver has been appointed, the attorney-general may move:

(1) For an order removing the receiver and appointing another
receiver;

(2) To compel the receiver to account;

(3) For such other and additional orders as may facilitate the closing
of the receivership.