1 An insolvent fuel company is managed by a court-appointed receiver.  A U.S. District Judge appointed a receiver for the multi-level marketing company Equinox International in August 1999. As of 2007, the receiver was authorized to distribute settlement funds from the now-defunct company to approved claimants.
OFFICER. He who is lawfully invested with an office. 2. Officers may be classed into, 1. Executive; as the president of the United States of America, the several governors of the different states.
Law. 1  a formal order under seal, issued in the name of a sovereign, government, court, or other competent authority, enjoining the officer or other person to whom it is issued or addressed to do or refrain from some specified act. ( 2 in early English law) any formal document in letter form, under seal, and in the sovereign's name.