11-5-155 - Complainant to give bond before receiver appointed without notice.
§ 11-5-155. Complainant to give bond before receiver appointed without notice.
Before any receiver shall be appointed without notice, the party applying for the appointment shall execute bond, payable to the adverse party, in a sufficient penalty to be fixed by the court or chancellor, with sufficient sureties, conditioned to pay all damages that may be sustained by the appointment of such receiver in case the appointment be revoked; and said bond shall be filed in the cause, and damages may be recovered thereon in the suit in the same manner as damages are recoverable on an injunction bond or the party entitled to damages may maintain an independent suit on such bond for such damages.
Sources: Codes, 1892, § 575; 1906, § 626; Hemingway's 1917, § 386; 1930, § 437; 1942, § 1357.