[§415-99] Qualifications of receivers. A receiver shall in all cases be a natural person or a corporation authorized to act as receiver which corporation may be a domestic corporation or a foreign corporation authorized to transact business in the State, and shall in all cases give such bond as the court may direct with such sureties as the court may require. [L 1983, c 167, pt of §1; am L 1985, c 270, §4]