Property not subject to receivership; exception.

Checkout our iOS App for a better way to browser and research.


(a) Personal property of an individual that is used primarily for personal, family or household purposes.

(b) Property of an individual exempt from execution under the laws of this state.

(c) Any power or interest that a person may exercise solely for the benefit of another person.

(d) Property held in trust for another person.

(2) Notwithstanding subsection (1) of this section, a court may appoint a receiver with respect to property described in subsection (1)(a) of this section in a domestic relations suit.

(3) A court may appoint a receiver with respect to any nonexempt interest in property that is partially exempt from execution, including fee title to real property subject to a homestead exemption. [2017 c.358 §5]


Download our app to see the most-to-date content.