Section 1-33-101 - Cases in Which Receiver Appointed

1-33-101. Cases in which receiver appointed. (a) A receiver may be appointed by the district court in the following actions or cases: (i) By a vendor to vacate a fraudulent purchase of property; (ii) By a creditor to subject any property or fund to his claim; (iii) By a partner or other person jointly owning or interested in any property or fund, whose right to or interest in the property or fund or the proceeds thereof is probable and where it is shown that the property or fund is in danger of being lost, removed or materially injured; (iv) By a mortgagee for the foreclosure of his mortgage and sale of mortgaged property where it appears that the mortgaged property is in danger of being lost, removed or materially injured, or that a condition of the mortgage has not been performed and the property is probably insufficient to discharge the mortgage debt; (v) After judgment to carry the judgment into effect; (vi) After judgment to dispose of the property according to the judgment or preserve it during the pendency of an appeal, or when an execution has been returned unsatisfied and the judgment debtor refuses to apply the property in satisfaction of the judgment; (vii) When a

or preserve it during the pendency of an appeal, or when an execution has been returned unsatisfied and the judgment debtor refuses to apply the property in satisfaction of the judgment; (vii) When a corporation has been dissolved or is insolvent or in imminent danger of insolvency or has forfeited its corporate rights; and (viii) In all other cases where receivers have been appointed by courts of equity.