Alabama Statutes
§ 6-6-788 — Status of Receiver
Alabama·Title 6 Civil Practice·Ch. 6 Remedies·Art. 18 Alabama Uniform Commercial Real Estate Receivership Act
(a)On appointment of a receiver, the receiver has the status of a lien creditor under Article 9A of Title 7, as to receivership property that is personal property or fixtures.
(b)On appointment of a receiver, the receiver has the status of a purchaser for value and without notice under Section 35-4-90(a) as to receivership property that is real property.
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Legislative History
(Act 2024-380, §9.)
Nearby Sections
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Adjustments to Exemption Values