Current through the 2024 Fourth Special Session
Section 57-8a-308 - Appointment of receiverIn an action by an association to collect an assessment or to foreclose a lien for an unpaid assessment, a court may:
(1) appoint a receiver, in accordance with Section 7-2-9, to collect and hold money alleged to be due and owing to a lot owner:(a) before commencement of the action; or(b) during the pendency of the action; and(2) order the receiver to pay the association, to the extent of the association's common expense assessment, money the receiver holds under Subsection (1).Enacted by Chapter 355, 2011, 2011 General Session.