The compensation of the receiver shall be fixed at a reasonable daily rate by order of the court for each day that the receiver is actually engaged in the performance of his duties.

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Source: SL 1909, ch 51, § 8; SL 1915, ch 243, § 8; RC 1919, § 1638; SDC 1939, § 39.0717; SL 1979, ch 294, § 1.