§ 33-2601 – Definitions
33-2601. Definitions In this chapter, unless the context otherwise requires: 1. " Affiliate" means: (a) With respect to an individual: (i) A companion of the individual. (ii) A lineal ancestor or descendant, whether by blood or adoption, of either the individual or a companion of the individual. (iii) A companion of an ancestor or descendant […]
§ 33-2617 – Defenses and immunities of receiver
33-2617. Defenses and immunities of receiver A. A receiver is entitled to all defenses and immunities provided by a law other than this chapter for an act or omission within the scope of the receiver’s appointment. B. A receiver may be sued personally for an act or omission in administering receivership property only with approval […]
§ 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 […]
§ 33-2203 – Management of timeshare plan and timeshare property
33-2203. Management of timeshare plan and timeshare property A. For each timeshare plan and timeshare property in this state, the developer shall provide in the timeshare instrument for a managing entity. The managing entity may be the developer, a separate manager or management firm or an association. There may be different managing entities for the […]
§ 33-2204 – Powers of board; limitations; period of developer control; election of directors and officers; removal of directors
33-2204. Powers of board; limitations; period of developer control; election of directors and officers; removal of directors A. Except as provided in the timeshare instrument, subsection B or other provisions of this chapter, the board may act in all instances on behalf of the association. B. Except as expressly authorized in the timeshare instrument, the […]
§ 33-2205 – Quorums; votes
33-2205. Quorums; votes A. Unless the timeshare instrument provides for a higher quorum requirement, the percentage of voting interests required to make decisions and to constitute a quorum at a meeting of the members of an association shall be ten per cent of the voting interests of owners who are not delinquent in assessments for […]
§ 33-2206 – Duties of the managing entity
33-2206. Duties of the managing entity A. The duties of the applicable managing entity for a timeshare plan or timeshare property may include, but are not limited to: 1. Management of the timeshare plan or management and maintenance of the timeshare property, or both, in accordance with the timeshare instrument. 2. Collection of all assessments […]