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Public Act Number: 210
Public Act Year: 2020
Document Type(s): MCLs
(19 results found)
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Document Type Description
Act 16 of 2018 Statute RECEIVERSHIP ACT (554.1011 - 554.1040)
Section 554.1011 Section Short title.
Section 554.1012 Section Definitions.
Section 554.1013 Section Court order; issuance; notice and hearing; circumstances.
Section 554.1014 Section Applicability of act; scope; limitation.
Section 554.1015 Section Selection, appointment, removal, and compensation of receiver; establishment by court rule; jurisdiction.
Section 554.1016 Section Appointment of receiver; circumstances; appointment without prior notice or hearing; security.
Section 554.1017 Section Appointment of receiver; objection; requirements; disqualifications.
Section 554.1021 Section Receivership property; duties of person upon demand of receiver; failure to turn over property; sanction.
Section 554.1022 Section Powers and duties of receiver.
Section 554.1023 Section Duties of owner.
Section 554.1024 Section Stay or injunction.
Section 554.1025 Section Engagement of professional; compensation.
Section 554.1026 Section "Good faith" defined; use or transfer of receivership property not in ordinary course of business.
Section 554.1028 Section Defenses and immunities of receiver.
Section 554.1029 Section Quarterly interim report of receiver.
Section 554.1030 Section Notice of order governing appointment; notice to all creditors; claim; distribution of receivership property.
Section 554.1031 Section Fees and expenses.
Section 554.1035 Section Enforcement by secured party; effect.