§ 33-2602 – Notice and opportunity for hearing; exceptions
33-2602. Notice and opportunity for hearing; exceptions A. Except as otherwise provided in subsection B of this section, the court may issue an order under this chapter only after notice and opportunity for a hearing appropriate in the circumstances. B. The court may issue an order under this chapter: 1. Without prior notice if the […]
§ 33-2618 – Interim report of receiver
33-2618. Interim report of receiver A receiver may file or, if ordered by the court, shall file an interim report that includes: 1. The activities of the receiver since appointment or a previous report. 2. Receipts and disbursements, including a payment made or proposed to be made to a professional engaged by the receiver. 3. […]
§ 33-2603 – Scope; exclusions
33-2603. Scope; exclusions A. Except as otherwise provided in subsection B or C of this section, this chapter applies to a receivership for an interest in commercial real property and any personal property related to or used in operating the real property. B. This chapter does not apply to a receivership for an interest in […]
§ 33-2619 – Fee and expenses
33-2619. Fee and expenses A. The court may award a receiver from receivership property the reasonable and necessary fees and expenses of performing the duties of the receiver and exercising the powers of the receiver. B. The court may order one or more of the following to pay the reasonable and necessary fees and expenses […]
§ 33-2604 – Power of court
33-2604. Power of court The court that appoints a receiver under this chapter has exclusive jurisdiction to direct the receiver and determine any controversy related to the receivership or receivership property.
§ 33-2620 – Removal of receiver; replacement; termination of receivership
33-2620. Removal of receiver; replacement; termination of receivership A. The court may remove a receiver for cause. B. The court shall replace a receiver that dies, resigns or is removed. C. If the court finds that a receiver that resigns or is removed, or the representative of a receiver that is deceased, has accounted fully […]
§ 33-2605 – Appointment of receiver
33-2605. Appointment of receiver A. The court may appoint a receiver: 1. Before judgment, to protect a party that demonstrates an apparent right, title or interest in real property that is the subject of the action, if the property or its revenue-producing potential: (a) Is being subjected to or is in danger of waste, loss, […]
§ 33-2606 – Disqualification from appointment as a receiver; exceptions; nomination
33-2606. Disqualification from appointment as a receiver; exceptions; nomination A. The court may not appoint a person as receiver unless the person submits to the court a statement under penalty of perjury that the person is not disqualified. B. Except as otherwise provided in subsection C of this section, a person is disqualified from appointment […]
§ 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 […]