17-6901. Receivers for insolvent corporations; appointment; powers. Whenever a corporation shall be insolvent, the district court, on the application of any creditor or stockholder thereof, may appoint, at any time, one or more persons to be receivers of and for the corporation, to take charge of its assets, estate, effects, business and affairs, and to collect the outstanding debts, claims and property due and belonging to the corporation, with power to prosecute and defend, in the name of the corporation or otherwise, all claims or suits, to appoint an agent or agents under them and to do all other acts which might be done by the corporation and which may be necessary or proper. The powers of the receivers shall be such and shall continue so long as the court shall deem necessary.
History: L. 1972, ch. 52, ยง 104; July 1.
Structure Kansas Statutes
Article 69 - Insolvency; Receivers
17-6901 Receivers for insolvent corporations; appointment; powers.
17-6903 Same; notices to stockholders and creditors.
17-6904 Same; filing inventory of corporate assets and list of debts owing and receivable.
17-6905 Same; proof of claims by creditors; claims barred, when; notice.
17-6906 Same; procedure for adjudicating creditors' claims; appeal.
17-6907 Same; sale of perishable or deteriorating property during pendency of litigation.
17-6908 Same; compensation, costs and expenses.
17-6909 Same; substitution of receiver as plaintiff; abatement of actions.
17-6910 Employee's lien for wages when corporation insolvent.
17-6911 Discontinuance of liquidation of assets; dismissal of trustee or receiver.
17-6912 Compromise or arrangement between corporation and stockholders or creditors.
17-6913 Proceeding under the federal bankruptcy code of the United States; implementation.