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SF 352 Senate Long Description

Relating to civil actions

ARTICLE 1 - RECEIVERSHIPS

Defining terms; specifying law applicability, court powers, receivership types, receiver appointment, receivership not a trust, receiver eligibility, bond, immunity, discovery, receiver powers and duties, receiver as lien creditor, real estate recording, real estate subsequent sales, respondent duties, professional employment and compensation, property and claims schedules, notice, motions, orders, records, reports, receiver removal and termination, actions, property turnover, ancillary receiverships, stays, utility service, financing, executory contracts, sales free of lien, property abandonment, liens against after-acquired property, claims process, claims, priority, interest, and distributions

ARTICLE 2 - ASSIGNMENTS FOR THE BENEFITS OF CREDITORS

Defining terms; specifying requisites, assignment form, court administrator duty, assignee as lien creditor, real estate recording, notice, assignee removal, and receiverships law application; repealing assignments for benefit of creditors

ARTICLE 3 - CONFORMING AMENDMENTS

Making statutory conforming amendments; repealing certain filing claims and receivers provisions
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