17-6909. Same; substitution of receiver as plaintiff; abatement of actions.
17-6909
17-6909. Same; substitution of receiver as plaintiff; abatement of actions. A receiver, upon application by the receiver in the court in which any suit is pending, shall be substituted as party plaintiff in the place of the corporation in any suit or proceeding which was so pending at the time of the receiver's appointment. No action against a receiver of a corporation shall abate by reason of the receiver's death, but, upon suggestion of the facts on the record, shall be continued against the receiver's successor or against the corporation in case no new receiver is appointed.
History: L. 1972, ch. 52, § 112; L. 2004, ch. 143, § 70; Jan. 1, 2005.