(a) A court may appoint a receiver: (1) Before judgment, to protect a party that demonstrates an apparent right to property that is the subject of the action, if the property or the revenue–producing potential of the property: (i) Is being subjected to or is in danger of waste, loss, dissipation, or impairment; or (ii) Has been or is […]
(a) Subject to subsection (b) of this section, a court may appoint as an ancillary receiver for property located in the State or subject to the jurisdiction of the court for which a receiver could be appointed under this title: (1) A receiver appointed in another state; or (2) A nominee of the receiver in the other state. […]
(a) A court may not appoint a person as a receiver unless the person provides a statement under penalty of perjury that the person is not disqualified under subsection (b) of this section. (b) Except as otherwise provided in subsection (c) of this section, a person is disqualified from appointment as a receiver if the person: (1) Is […]
(a) The court may: (1) Require a receiver to post a bond or security with the court; (2) Authorize a receiver to act without posting a bond or other security; or (3) Authorize a receiver to act before the receiver posts any bond required by the court. (b) If a court requires a bond to be posted under subsection (a) […]
A court that appoints a receiver under this title: (1) Has exclusive jurisdiction to direct the receiver and determine any controversy related to the receivership or receivership property wherever located within the State, including all controversies relating to: (i) The collection, preservation, improvement, disposition, and distribution of receivership property; (ii) The exercise of the receiver’s powers; or (iii) The […]
