Section 692 – Corporation, limited liability company, or partnership in receivership or liquidation

May 13, 2021 | Civil Procedure, Louisiana

A. Except as otherwise provided by law, the receiver or liquidator appointed for a domestic or foreign corporation, limited liability company, or partnership by a court of this state is the proper plaintiff to sue to enforce a right of the corporation, limited liability company, or partnership, or of its receiver or liquidator. These rules apply whether, under the law of its domicile, the existence of the corporation, limited liability company, or partnership continues or is terminated.
B. The receiver or liquidator may institute and prosecute any action without special authorization from the court which appointed him.

La. C.P. § 692

Acts 1999, No. 145, §2.