Okla. Stat. tit. 10, § 1430.38
Receiver Liability - Bond
Effective Nov 1, 1996Laws 1987, HB 1460, c. 225, § 38; Renumbered from 63 O.S. § 1-818.38 by Laws 1996, HB 2964, c. 354, § 56, eff. November 1, 1996.
- A. A receiver may be held liable in a personal capacity only for the receiver's own gross negligence, intentional acts or breaches of fiduciary duty.
- B. The court may require a receiver to post a bond.
Laws 1987, HB 1460, c. 225, § 38; Renumbered from 63 O.S. § 1-818.38 by Laws 1996, HB 2964, c. 354, § 56, eff. November 1, 1996.