81-9-67 - Liquidating corporations may apply to court for directions.
§ 81-9-67. Liquidating corporations may apply to court for directions.
Liquidating corporations shall have the power to apply in vacation to the chancellor for orders and directions concerning the liquidation, and this section shall be liberally construed in favor of speedy and economical liquidations.
Sources: Codes, 1942, § 5274; Laws, 1934, ch. 146.