When a receiver is appointed by the court pursuant to this chapter, he shall have the power to sue for, collect, receive and take into his possession all the goods and chattels, rights and credits, moneys and effects, lands and tenements, books, records, documents, papers, choses in action, bills, notes and property of every description, derived by, or aiding in any manner, any practice declared to be illegal and prohibited by this chapter, including property with which such property has been mingled if it cannot be identified in kind because of such commingling, and to sell, convey, and assign the same and hold and dispose of the proceeds thereof under the direction of the court. Any person who has suffered damages as a result of the use or employment of any unlawful practices and submits proof to the satisfaction of the court that he has in fact been damaged, may participate with general creditors in the distribution of the assets to the extent he has sustained out-of-pocket losses. In the case of a partnership or business entity, the receiver shall settle the estate and distribute the assets under the direction of the court. The court shall have jurisdiction of all questions arising in such proceedings and may make such orders and judgments therein as may be required.
(P.A. 73-615, S. 6, 16.)
Cited. 186 C. 507; 192 C. 558.
Structure Connecticut General Statutes
Title 42 - Business, Selling, Trading and Collection Practices
Chapter 735a - Unfair Trade Practices
Section 42-110a. - Definitions.
Section 42-110b. - Unfair trade practices prohibited. Legislative intent.
Section 42-110c. - Exceptions.
Section 42-110d. - Investigation. Hearing. Orders. Enforcement. Disclosure of information.
Section 42-110f. - Powers of receiver. Restitution. Judicial supervision.
Section 42-110g. - Action for damages. Class actions. Costs and fees. Equitable relief. Jury trial.
Section 42-110h. - Class actions.
Section 42-110i. - Settlement of class actions.
Section 42-110j. - Voluntary compliance.
Section 42-110k. - Commissioner's enforcement powers. Court orders.
Section 42-110l. - Assistance by court prosecutors.
Section 42-110m. - Restraining orders or injunctions. Relief.
Section 42-110n. - Consent orders.
Section 42-110o. - Civil penalties.
Section 42-110q. - Service contract agreements. Fee disclosure required.