Hometime

Hometime · Alberta legislation

SS Houses with a Secondary Suite

SS · Business Corporations Act

Part 8 — Receivers and Receiver-Managers

93 Functions of receiver

Current to 2023-12-07 · Official PDF

A receiver of any property of a corporation may, subject to the
rights of secured creditors, receive the income from the property,
pay the liabilities connected with the property and realize the
security interest of those on behalf of whom the receiver is
appointed, but, except to the extent permitted by the Court, the
receiver may not carry on the business of the corporation.
1981 cB-15 s89