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.
exists and is an alternate of . Answers.comÂ® is making the world better one answer at a time. A sworn officer is a police officer who has the full power to arrest someone for breaking the law, whereas an unsworn officer is oftentimes a volunteer who can assist the sworn officer, issue tickets and citations, but cannot make an arrest.