A. Except as otherwise provided by law, the receiver or liquidator appointed for a domestic or foreign corporation, limited liability company, or partnership by a court of this state is the proper plaintiff to sue to enforce a right of the corporation, limited liability company, or partnership, or of its receiver or liquidator. These rules apply whether, under the law of its domicile, the existence of the corporation, limited liability company, or partnership continues or is terminated. B. The receiver or liquidator may institute and prosecute any action without special authorization from the court which appointed him.
Art. 692.Corporation, Limited Liability Company, Or Partnership In Receivership Or Liquidation
Title III. Parties · Chapter 2. Parties Plaintiff · Enacted 1999 · no amendments on record · Last verified July 30, 2026
In one sentenceArticle 692 makes the court-appointed receiver or liquidator of a domestic or foreign corporation, limited liability company, or partnership the proper plaintiff to sue on that entity's behalf, without needing special authorization from the appointing court to file suit.
Full Text of Art. 692
Amendment History
Acts 1999, No. 145, §2.
Plain-English Summary
When a corporation, limited liability company, or partnership runs into financial trouble severe enough that a Louisiana court appoints a receiver or liquidator to manage it, Article 692 shifts the authority to sue away from the entity's ordinary officers and onto that court-appointed representative. The receiver or liquidator becomes the proper plaintiff for any right belonging to the entity, whether the entity is domestic or foreign, and whether the entity's own legal existence continues under its home law or has come to an end.
Article 692 also removes a potential source of delay: the receiver or liquidator does not need to go back to the appointing court for special permission before filing or pursuing a lawsuit. That authority comes with the appointment itself, letting the receiver or liquidator act promptly to protect the entity's assets and claims.
Frequently Asked Questions
Who sues on behalf of a company that is in receivership?
The receiver or liquidator appointed by a Louisiana court is the proper plaintiff, rather than the company's usual officers or partners.
Does the receiver need the appointing court's permission before filing a lawsuit?
No. Article 692 lets the receiver or liquidator institute and prosecute a lawsuit without special authorization from the court that appointed them.
Does it matter whether the entity still legally exists under the law where it was formed?
No. Article 692 applies whether the corporation, limited liability company, or partnership continues to exist or has been terminated under its home jurisdiction's law.
Does Article 692 apply to partnerships as well as corporations and LLCs?
Yes. It covers a receiver or liquidator appointed for a domestic or foreign corporation, limited liability company, or partnership alike.
Source & verification. Article text is reproduced verbatim from
the vLex (Louisiana Code of Civil Procedure, 2026 Edition). Enacted by the Louisiana Legislature.
Last verified July 30, 2026.
· Official source
Also known as: receiver proper plaintiff Louisianaliquidator suing on behalf of corporationArticle 692 Louisiana Code of Civil Procedurecompany in receivership lawsuitno special authorization needed receiver