Del. R. Ch. Ct. 149

As amended through June 13, 2024
Rule 149 - Appointment on Verified Complaint; Receiver Pendente Lite

Every complaint filed for the appointment of a receiver for a corporation shall be verified. A receiver pendente lite may be appointed by the Court if cause therefor be shown by the complaint, and it be prayed for therein; and whether the receiver is appointed or not, a rule may be ordered by the Court requiring the defendant to show cause why the receiver pendente lite should not be continued, or such a receiver appointed, as the case may be.
Upon the hearing of the rule, if an answer admitting the allegations of the bill be not then filed, a receiver pendente lite may be appointed or the receiver theretofore appointed may be continued until final order, or until the further order of the Court, upon the giving of a bond by the receiver to the State of Delaware within the time fixed in the order of appointment, with surety to be approved by the Court.

Del. R. Ch. Ct. 149