Section 308 – Appointment of receiver.

57-8a-308. Appointment of receiver.
In an action by an association to collect an assessment or to foreclose a lien for an unpaid assessment, a court may:

• (1) appoint a receiver, in accordance with Section 7-2-9, to collect and hold money alleged to be due and owing to a lot owner:
  • (a) before commencement of the action; or
  • (b) during the pendency of the action; and

• (2) order the receiver to pay the association, to the extent of the association’s common expense assessment, money the receiver holds under Subsection (1).

Enacted by Chapter 355, 2011 General Session