§ 33-2621 – Final report of receiver; discharge
33-2621. Final report of receiver; discharge A. On completion of a receiver’s duties, the receiver shall file a final report including: 1. A description of the activities of the receiver in the conduct of the receivership. 2. A list of receivership property at the commencement of the receivership and any receivership property received during the […]
§ 33-2622 – Receivership in another state; ancillary proceeding
33-2622. Receivership in another state; ancillary proceeding A. The court may appoint a receiver appointed in another state, or that person’s nominee, as an ancillary receiver with respect to property located in this state or subject to the jurisdiction of the court for which a receiver could be appointed under this chapter, if: 1. The […]
§ 33-2623 – Effect of enforcement by mortgagee
33-2623. Effect of enforcement by mortgagee A request by a mortgagee for appointment of a receiver, the appointment of a receiver or application by a mortgagee of receivership property or proceeds to the secured obligation does not: 1. Make the mortgagee a mortgagee in possession of the real property. 2. Make the mortgagee an agent […]
§ 33-2624 – Court’s authority under this chapter
33-2624. Court’s authority under this chapter The court may issue any order, process or judgment that is necessary or appropriate to carry out this chapter.
§ 33-2625 – Uniformity of application and construction
33-2625. Uniformity of application and construction In applying and construing this uniform act, consideration must be given to the need to promote uniformity of the law with respect to its subject matter among states that enact it.
§ 33-2626 – Relation to electronic signature in global and national commerce act
33-2626. Relation to electronic signature in global and national commerce act This chapter modifies, limits or supersedes the electronic signatures in global and national commerce act, 15 United States Code sections 7001 through 7031, but does not modify, limit or supersede section 101(c) of that act, 15 United States Code section 7001(c) or authorize electronic […]
§ 33-2612 – Duties of owner
33-2612. Duties of owner A. An owner shall: 1. Assist and cooperate with the receiver in the administration of the receivership and the discharge of the receiver’s duties. 2. Preserve and turn over to the receiver all receivership property in the owner’s possession, custody or control. 3. Identify all records and other information relating to […]
§ 33-2613 – Stay; injunction
33-2613. Stay; injunction A. Except as otherwise provided in subsection D of this section or ordered by the court, an order appointing a receiver operates as a stay, applicable to all persons, of an act, action or proceeding: 1. To obtain possession of, exercise control over or enforce a judgment against receivership property. 2. To […]
§ 33-2614 – Engagement and compensation of professional
33-2614. Engagement and compensation of professional A. With court approval, a receiver may engage an attorney, accountant, appraiser, auctioneer, broker or other professional to assist the receiver in performing a duty or exercising a power of the receiver. The receiver shall disclose to the court: 1. The identity and qualifications of the professional. 2. The […]
§ 33-2615 – Use or transfer of receivership property not in the ordinary course of business; definition
33-2615. Use or transfer of receivership property not in the ordinary course of business; definition A. With court approval, a receiver may use receivership property other than in the ordinary course of business. B. With court approval, a receiver may transfer receivership property other than in the ordinary course of business by sale, lease, license, […]