                                 CODE OF VIRGINIA

NO SALE PRIOR TO SUCH NOTIFICATION; EXCEPTIONS (§ 8.01-596)

No court shall order the sale of any assets of the receivership until a receiver
has reported to the court in writing that he has mailed such notices to such
creditors at least five days prior to the filing of such report, except that the
court may at any time permit the sale of perishable or seasonable goods when
necessary to preserve the estate, or may permit the receiver to conduct the
business for which he is a receiver as a going business and to sell in the usual
course of such business.

HISTORY: Code 1950, § 8-740; 1977, c. 617.