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.
Modern legal codes use the term peace officer (or in some jurisdictions, law enforcement officer) to include every person vested by the legislating state with law enforcement authorityâ traditionally, anyone sworn, badged, and armable who can arrest, or refer such arrest for a criminal prosecution.