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582.07 RECEIVER TO FURNISH BOND.
Before undertaking duties, the receiver so appointed shall file in court a bond for the faithful
performance of such duties. The bond shall run to the owner of the mortgaged leasehold and
shall be in such sum as the court shall determine and with such surety or sureties as shall be
approved by the court.
History: (9652) 1915 c 305 s 3; 1986 c 444