Connecticut § 52-643 Effect of enforcement by mortgagee.

Connecticut Statutes

§ 52-643 — Effect of enforcement by mortgagee.

Connecticut § 52-643

Title 52Civil Actions

Ch. 930Uniform Commercial Real Estate Receivership Act

This text of Connecticut § 52-643 (Effect of enforcement by mortgagee.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Conn. Gen. Stat. § 52-643 (2026).

Text

A request by a mortgagee for appointment of a receiver, the appointment of a receiver or application by a mortgagee of receivership property or proceeds to the secured obligation does not:

(1)Make the mortgagee a mortgagee in possession of the real property;

(2)Make the mortgagee an agent of the owner;

(3)Constitute an election of remedies that precludes a later action to enforce the secured obligation;

(4)Make the secured obligation unenforceable; or (5) Limit any right available to the mortgagee with respect to the secured obligation.

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A request by a mortgagee for appointment of a receiver, the appointment of a receiver or application by a mortgagee of receivership property or proceeds to the secured obligation does not: (1) Make the mortgagee a mortgagee in possession of the real property; (2) Make the mortgagee an agent of the owner; (3) Constitute an election of remedies that precludes a later action to enforce the secured obligation; (4) Make the secured obligation unenforceable; or (5) Limit any right available to the mortgagee with respect to the secured obligation.

Legislative History

(P.A. 21-80, S. 25; 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. 25, from July 1, 2022, to July 1, 2023, effective May 10, 2022.