GEORGIA CODE (Last Updated: August 20, 2013) |
Title 46. PUBLIC UTILITIES AND PUBLIC TRANSPORTATION |
Chapter 3. ELECTRICAL SERVICE |
Article 4. ELECTRIC MEMBERSHIP CORPORATIONS AND FOREIGN ELECTRIC COOPERATIVES |
Part 12. DISSOLUTION OF ELECTRIC MEMBERSHIP CORPORATIONS |
Section 46-3-433. Qualification of receivers; giving of bond
Latest version.
- (a) A receiver shall in all cases be a citizen of the United States or a corporation authorized to act as receiver, which corporation may be a domestic corporation, either business or nonprofit, or a foreign corporation, either business or nonprofit, authorized to transact business in this state.
(b) A receiver shall in all cases give such bond as the court may direct, with such sureties as the court may require.
Code 1933, § 34C-1214, enacted by Ga. L. 1981, p. 1587, § 1.