§ 52.622

(a) Except as provided in subsection (b) or (c) of this section, sections 52-619 to 52-646, inclusive, apply to a receivership for an interest in real property and any personal property related to or used in operating the real property.(b) Sections 52-619 to 52-646, inclusive, do not apply to a receivership for an interest in real property improved by one to four dwelling units unless:(1) The interest is used for agricultural, commercial, industrial or mineral-extraction purposes, other than incidental uses by an owner occupying the property as the owner's primary residence;(2) The interest secures an obligation incurred at a time when the property was used or planned for use for agricultural, commercial, industrial or mineral-extraction purposes;(3) The owner planned or is planning to develop the property into one or more dwelling units to be sold or leased in the ordinary course of the owner's business; or(4) The owner is collecting or has the right to collect rents or other income from the property from a person other than an affiliate of the owner.(c) Sections 52-619 to 52-646, inclusive, do not apply to a receivership authorized by the law of this state other than sections

e from the property from a person other than an affiliate of the owner.(c) Sections 52-619 to 52-646, inclusive, do not apply to a receivership authorized by the law of this state other than sections 52-619 to 52-646, inclusive, in which the receiver is a governmental unit or an individual acting in an official capacity on behalf of the governmental unit.(d) Sections 52-619 to 52-646, inclusive, do not limit the authority of a court to appoint a receiver under the law of this state other than sections 52-619 to 52-646, inclusive.(e) Unless displaced by a particular provision of sections 52-619 to 52-646, inclusive, the principles of law and equity supplement sections 52-619 to 52-646, inclusive.(P.A. 21-80, S. 4; 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. 4, from July 1, 2022, to July 1, 2023, effective May 10, 2022.