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In law, receivership is a situation in which an institution or enterprise is held by a receiver – a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights" – especially in cases where a company cannot meet its financial obligations and is said to be insolvent. [1]
Title 34 of the United States Code is a non-positive law title of the United States Code with the heading "Crime Control and Law Enforcement."Released on September 1, 2017, by the Office of the Law Revision Counsel of the United States House of Representatives, it contains "crime control and law enforcement programs or activities in which the Attorney General or the Department of Justice (or ...
The terms of the court-ordered bankruptcy would override the terms of the receivership. On the other hand, companies facing seemingly insurmountable debt can use a receivership to avoid bankruptcy.
Under traditional Chinese law a fence, or receiver, (銷贓者), was a merchant who bought and sold stolen goods. Fences were part of the extensive network of accomplices in the criminal underground of Ming and Qing China.
A receivership is when an external administrator known as a "receiver" (usually a "receiver and manager" if it requires controlling the company) is appointed by a secured creditor to sell off a company's assets in order to repay the secured debt, or by the court to protect the company's assets or carry out other tasks. [1]
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New York City Police Department lieutenant debriefing police officers at Times Square. Law enforcement is the activity of some members of the government or other social institutions who act in an organized manner to enforce the law by investigating, deterring, rehabilitating, or punishing people who violate the rules and norms governing that society. [1]
A police code is a brevity code, usually numerical or alphanumerical, used to transmit information between law enforcement over police radio systems in the United States. Examples of police codes include " 10 codes " (such as 10-4 for "okay" or "acknowledged"—sometimes written X4 or X-4), signals, incident codes, response codes , or other ...