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Bank-appointed receiver takes control of Prichard Water amid $55M bond default drama

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The receiver nominated by Synovus Bank has been appointed to oversee the Prichard Water Board.A Mobile County Circuit Court Judge found Prichard Water is in def

The receiver nominated by Synovus Bank has been appointed to oversee the Prichard Water Board.Prichard Water had asked to have its current director appointed receiver-- which the judge denied.

 

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