§ 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 […]
§ 33-2621 – 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 […]
§ 33-2607 – Receiver’s bond; alternative security
33-2607. Receiver’s bond; alternative security A. Except as otherwise provided in subsection B of this section, a receiver shall post with the court a bond that: 1. Is conditioned on the faithful discharge of the receiver s duties. 2. Has one or more sureties approved by the court. 3. Is in an amount the court […]
§ 33-2608 – Status of receiver as lien creditor
33-2608. Status of receiver as lien creditor On appointment of a receiver, the receiver has the status of a lien creditor under the Uniform Commercial Code, title 47, chapter 9, as to receivership property that is personal property or fixtures and chapter 7, article 5 of this title as to receivership property that is real […]
§ 33-2609 – Security agreement covering after-acquired property
33-2609. Security agreement covering after-acquired property Except as otherwise provided by law, property that a receiver or owner acquires after appointment of the receiver is subject to a security agreement entered into before the appointment to the same extent as if the court had not appointed the receiver.
§ 33-2610 – Collection and turnover of receivership property
33-2610. Collection and turnover of receivership property A. Unless the court orders otherwise, on demand by a receiver: 1. A person that owes a debt that is receivership property and is matured or payable on demand or on order shall pay the debt to or on the order of the receiver, except to the extent […]