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Conn. Gen. Stat. § 52-642

Receivership in another state; ancillary proceeding

Known as the Uniform Commercial Real Estate Receivership Act

The act spans §§ 52–52 (29 sections).

(P.A. 21-80, S. 24; P.A. 22-26, S. 64.) History: P.A. 21-80 effective July 1, 2022; P.A. 22-26 changed effective date of P.A. 21-80, S. 24, from July 1, 2022, to July 1, 2023, e…

(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 sections 52-619 to 52-646 , inclusive, if:

(1) The person or nominee would be eligible to serve as receiver under section 52-625 ; and

(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 sections 52-619 to 52-646 , inclusive.

Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.