§ 34-44-7 - Nonapplicability of monetary jurisdiction limits – Personal liability of receiver.
SECTION 34-44-7
§ 34-44-7 Nonapplicability of monetaryjurisdiction limits – Personal liability of receiver. – The amounts expended by the receiver, the amount of any notes issued by thereceiver, any amounts expended by any other person authorized by the courtunder this chapter, any mortgage authorized by the court under this chapter andthe amounts expended in connection with the foreclosure of any mortgageauthorized by the court under this chapter shall not be limited by any monetaryjurisdictional limit otherwise imposed upon the court that appoints thereceiver. The receiver shall not be personally liable except for misfeasance,malfeasance, or nonfeasance in the performance of the function of his or heroffice.