Section 10-3A-151 Qualification of receivers. - Alabama Statutes

Section 10-3A-151

Qualification of receivers.

A receiver shall be a natural person, a partnership, a professional association, a professional corporation, or a corporation for profit authorized to act as receiver, which corporation may be a domestic corporation or a foreign corporation authorized to transact business in Alabama, and shall in all cases give such bond as the court may direct with such sureties as the court may require.

(Acts 1984, No. 84-290, p. 502, §59.)