Legislative Session number- 87

Bill Name: SF0352

Relating to civil actions

ARTICLE 1 - RECEIVERSHIPS

Defining terms;
specifying law applicability, court powers, receivership types, receiver
appointment, receivership not a trust, receiver eligibility, bond, immunity,
discovery, receiver powers and duties, receiver as lien creditor, real estate
recording, real estate subsequent sales, respondent duties, professional
employment and compensation, property and claims schedules, notice, motions,
orders, records, reports, receiver removal and termination, actions, property
turnover, ancillary receiverships, stays, utility service, financing, executory
contracts, sales free of lien, property abandonment, liens against
after-acquired property, claims process, claims, priority, interest, and
distributions

ARTICLE 2 - ASSIGNMENTS FOR THE BENEFITS OF
CREDITORS

Defining terms; specifying requisites, assignment form, court
administrator duty, assignee as lien creditor, real estate recording, notice,
assignee removal, and receiverships law application; repealing assignments for
benefit of creditors

ARTICLE 3 - CONFORMING AMENDMENTS

Making statutory
conforming amendments; repealing certain filing claims and receivers
provisions
(rt)