2021 Arizona Revised Statutes
Title 33 - Property
§ 33-2622 - Receivership in another state; ancillary proceeding

Universal Citation:
AZ Rev Stat § 33-2622 (2021)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

33-2622. Receivership in another state; ancillary proceeding

A. The court may appoint a receiver appointed in another state, or that person's nominee, as an ancillary receiver with respect to property located in this state or subject to the jurisdiction of the court for which a receiver could be appointed under this chapter, if:

1. The person or nominee would be eligible to serve as receiver under section 33-2606.

2. The appointment furthers the person's possession, custody, control or disposition of property subject to the receivership in the other state.

B. The court may issue an order that gives effect to an order entered in another state appointing or directing a receiver.

C. Unless the court orders otherwise, an ancillary receiver appointed under subsection A of this section has the rights, powers and duties of a receiver appointed under this chapter.

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