57-8-51. Appointment of receiver

In an action by an association of unit owners to collect an assessment or to foreclose a lien for an unpaid assessment, a court may:

(1) appoint a receiver, in accordance with Section 7-2-9, to collect and hold money alleged to be due and owing to a unit owner:
      (a) before commencement of the action; or
      (b) during the pendency of the action; and

(2) order the receiver to pay the association of unit owners, to the extent of the association's common expense assessment, money the receiver holds under Subsection (1). 

Enacted by Chapter 355, 2011 General Session

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