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16-117-210. Removal.
Arkansas Code — all titles (historical 2020) · legal_authorities
16-117-210. Removal.
Receivers and others appointed who are subject to the provisions of §§ 16-117-203, 16-117-205, 16-117-206, and 16-117-209, and this section, may be removed at any time by the court when it satisfactorily appears that they have failed to discharge any duty incumbent on them or for other sufficient cause. This may be done upon the motion of any person interested either as party, creditor, or otherwise.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 16-117-210
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Stable record: arkansas_code:legal_authorities:16-117-210
Source file: gov.ar.code.title.16.odt
Pages: Not recorded – Not recorded
Passage SHA-256: c0ff1e864cec27a70bf163b3ca06d87023a2d9a8d9bbe69978bac364bd3f9b8c
Source location: content.xml paragraph 47945
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16-117-210. Removal.
Receivers and others appointed who are subject to the provisions of §§ 16-117-203, 16-117-205, 16-117-206, and 16-117-209, and this section, may be removed at any time by the court when it satisfactorily appears that they have failed to discharge any duty incumbent on them or for other sufficient cause. This may be done upon the motion of any person interested either as party, creditor, or otherwise.
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Arkansas Code — all titles (historical 2020) · legal_authorities
16-117-203. Actions by receivers — Employment of attorneys.
In all cases where it is necessary or proper for a receiver to collect debts by suit, he or she may sue in his or her own name, but all moneys collected by the receiver shall be accounted for and paid into court or be subject to the order of the court. The receiver shall have power to employ attorneys and make to them a reasonable allowance for services. The attorneys shall be paid out of the funds collected by the receiver.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 16-117-203
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 16-117-203. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
16-117-205. Appointment for corporation, copartnership, or joint-stock company — Powers and duties.
(a) Whenever, in any case, a receiver is appointed for a corporation or its trustees, any copartnership, or joint-stock company, and the order or decree of the court is that the lands, tenements, goods, chattels, funds, assets, moneys, credits, choses in action, rights and interests of every kind, name, and nature, either in law or equity, or any part thereof, belonging to the corporation or its trustees, a copartnership or joint-stock company, be placed in the hands of the receiver, from thenceforward until the further order or decree of the court, the receiver shall have full possession, custody, and control thereof, and shall be vested with the title, so far as it shall be necessary to collect debts, preserve the assets and property for the benefit of creditors, and all persons interested. The receiver may, and shall, bring and prosecute and defend all suits in his or her own name that may be necessary for that purpose.
(b) In all suits which may be pending in any court, prosecuted by or brought against such corporation, trustees, copartnership, or joint-stock company or in which either may be interested, the receiver may be substituted as a party, on his or her own application, without process or revivor. He or she shall prosecute or defend the suit with the same effect as the original parties might or could do, and suits may progress against him or her by substitution in the same manner.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 16-117-205
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 16-117-205. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
16-117-206. Cases between individuals.
The provisions of §§ 16-117-204 and 16-117-205 shall apply to cases between individuals, with like effect, as declared in §§ 16-117-204 and 16-117-205.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 16-117-206
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 16-117-206. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
16-117-209. Reports and accounts.
(a)(1) Receivers shall make report of their proceedings every six (6) months, or more often if required by the court.
(2) The performance of this duty may be enforced by attachment, sequestration, or other proper and effectual means.
(b) Receivers shall have credit for all taxes, expenses, attorney's fees, and necessary disbursements, in the execution of their trusts, and such reasonable and proper compensation for their own services as the court may allow, to be paid out of the trust fund as part of the costs and expenses.
(c)(1) The court shall pass on their accounts.
(2) A confirmation of the accounts shall be conclusive against all persons whatsoever and not subject to be reinvestigated, except for actual fraud.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 16-117-209
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 16-117-209. This identifies an authority to review, not proof of applicability.