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.
Officer in charge is just a general term used to describe the officer who has authority over a specific situation. It can refer to many thing - an officer in charge of a specific criminal or traffic case, the officer who is in charge of a division's station house at a specific point in time, or even a command officer in charge of a specific event. This term does not reflect or describe any one specific rank.