RECENS INSECUTIO

recens insecutio (ree-senz in-s<>-kyoo-shee-oh). [Latin “fresh pursuit”] Hist. Pursuit of a thief immediately after discovery of the theft. See FRESH PURSUIT . [Blacks Law 8th]

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RECEIVING STOLEN PROPERTY

receiving stolen property.The criminal offense of acquiring or controlling property known to have been stolen by another person. • Some jurisdictions require the additional element of wrongful intent. In some jurisdictions it is a felony, but in others it is either a felony or a misdemeanor depending on the value of the property. See Model…

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RECEIVERSHIP ESTATE

receivership estate.The totality of the interests that the receivers of an association in one or more states are appointed to protect. [Blacks Law 8th]

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RECEIVERSHIP

receivership. 1. The state or condition of being in the control of a receiver. [Cases: Corporations 552, 621(.5); Receivers 1. C.J.S. Corporations § 756; Receivers§§ 1–3.] 2. The position or function of being a receiver appointed by a court or under a statute. 3. A proceeding in which a court appoints a receiver. ancillary receivership.A…

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RECEIVER’S CERTIFICATE

receiver’s certificate.Bankruptcy. An instrument issued by a receiver as evidence that the holder is entitled to receive payment from funds controlled by the bankruptcy court. [Blacks Law 8th]

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RECEIVER GENERAL

receiver general.A public official in charge of a government’s receipts and treasury. Pl. receivers general. [Blacks Law 8th]

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RECEIVER

receiver. 1. A disinterested person appointed by a court, or by a corporation or other person, for the protection or collection of property that is the subject of diverse claims (for example, because it belongs to a bankrupt or is otherwise being litigated). Cf. LIQUIDATOR. [Cases: Corporations 552, 621(.5); Receivers 1, 81. C.J.S. Corporations §…

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