Section 5-8A-36 Employment of Counsel, Expert Assistants, Etc., in Liquidation of Bank; Compensation of Assistants, Etc.; Court Approval of Liquidation Expenses.
The receiver may hire counsel and expert help, keep bank staff if needed, and set compensation and supervision/liquidation expenses subject to court approval.
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- Jurisdiction
- United States — Alabama
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- Act or statute
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- Undated source snapshot
- Language
- en
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employee compensation liquidation expenses receivership
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Section 5-8A-36 Employment of Counsel, Expert Assistants, Etc., in Liquidation of Bank; Compensation of Assistants, Etc.; Court Approval of Liquidation Expenses.
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