163. Powers, liability and remuneration of receiver and manager.

A receiver and manager carrying on the partnership business pending sale1 may enter into such new contracts as are necessary for carrying on the business in the mode usual in the particular trade2. A receiver is not the agent of the partnership, but acts on his own responsibility, and incurs personal liability for orders given and contracts made by him, subject to a right of indemnity out of the assets in respect of all proper transactions3. However, a receiver appointed by the court has no right of indemnity against the partners personally4.

Interference with a receiver is a contempt of