6.1-104 - (Repealed effective October 1, 2010) Rights and powers of receivers generally. - Virginia Statutes

§ 6.1-104. (Repealed effective October 1, 2010) Rights and powers ofreceivers generally.

Any receiver appointed under the provisions of this article shall be andbecome assignee of the assets and property of the bank or trust company ofwhich he has been so appointed receiver, with power to prosecute and defend,in the name of the bank or trust company or in his name as such receiver orotherwise, in Virginia or elsewhere, all such suits as may be necessary towind up the affairs and business of such bank or trust company, and toappoint such agents or attorneys for any such purpose as the court mayapprove.

(Code 1950, § 6-118; 1966, c. 584.)