Has a statutory receiver of a state bank the power, upon receving the sanction of the court, to borrow money from and pledge assets in his possession to the Reconstruction Finance Corporation, and to use the money borrowed to pay preferred creditors and a dividend to depositors?
Byron E. Congdon,
Notes and Comments,
Power of a Statutory Receiver to Borrrow Money from the Reconstruction Finance Corporation and to Pledge Assets in His Possession,
8 Wash. L. Rev.
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