17-6902. Same; title to corporation's property; filing order of appointment; exceptions to section's application. - Kansas Statutes

17-6902

Chapter 17.--CORPORATIONS Article 69.--INSOLVENCY; RECEIVERS

      17-6902.   Same; title to corporation's property; filing order of appointment; exceptions to section's application. (a) Receivers appointed by the district court of and for any corporation, and their respective survivors and successors, upon their appointment and qualification or upon the death, resignation or discharge of any co-receiver, shall be vested by operation of law and without any act or deed with the title of the corporation to all of its property, real, personal or mixed of whatsoever nature, kind, class or description, and wheresoever situate, except real estate situated outside this state.

      (b)   Within 20 days after the date of their qualification, receivers appointed by the court shall file in the office of the register of deeds of each county in this state in which any real estate belonging to the corporation may be situated, a certified copy of the order of their appointment and evidence of their qualification.

      (c)   This section shall not apply to receivers appointed pendente lite.

      History:   L. 1972, ch. 52, § 105; L. 2004, ch. 143, § 63; Jan. 1, 2005.