Mich. Comp. Laws § 554.1015
Selection, appointment, removal, and compensation of receiver; establishment by court rule; jurisdiction.
Michigan · Michigan Compiled Laws — RECEIVERSHIP ACT (Act 16 of 2018) · Status: effective
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- Citation
- Mich. Comp. Laws § 554.1015, Selection, appointment, removal, and compensation of receiver; establishment by court rule; jurisdiction, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1369722
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Full text
(1) Except as provided in this act, the procedure for the selection, appointment, removal, and compensation of a receiver, or a professional engaged under section 15, under this act is as established by the court rules.
(2) The court that appoints a receiver under this act has exclusive jurisdiction to direct the receiver and determine any controversy related to the receivership or receivership property.