Receiver
Term · Law · MLC-T-LAW-004144
An impartial person appointed by a court to take possession of, manage, and preserve property or assets that are subject to litigation or insolvency. The receiver's role is to protect the interests of all parties involved until a final disposition is determined. This appointment is common in bankruptcy, foreclosure, or corporate dissolution cases.
| Identifier | MLC-T-LAW-004144 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004144",
"term": "Receiver",
"field": "Law",
"definition": "An impartial person appointed by a court to take possession of, manage, and preserve property or assets that are subject to litigation or insolvency. The receiver's role is to protect the interests of all parties involved until a final disposition is determined. This appointment is common in bankruptcy, foreclosure, or corporate dissolution cases.",
"url": "https://mlchart.com/terminology/law/receiver/"
}
Record 4,201 of 5,445 in Law terminology (MLC-0107). Request the full dataset.