Michigan Statutes
§ 554.1013 — Court order; issuance; notice and hearing; circumstances.
RECEIVERSHIP ACT (EXCERPT) Act 16 of 2018 554.1013 Court order; issuance; notice and hearing; circumstances. Sec. 3.
(1)Except as otherwise provided in subsection (2), the court may issue an order under this act only after notice and opportunity for a hearing appropriate in the circumstances.
(2)The court may issue an order under this act under the following circumstances:
(a)Without prior notice if cause exists to require issuance of an order before notice is given.
(b)After notice and without a prior hearing if cause exists to require issuance of an order before a hearing is held.
(c)After notice and without a hearing if no interested party timely requests a hearing.
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Legislative History
2018, Act 16 , Eff. May 7, 2018 ;-- Am. 2020, Act 210 , Imd. Eff. Oct. 15, 2020
Nearby Sections
15
§ 554.1011
Short title.§ 554.1012
Definitions.§ 554.1014
Applicability of act; scope; limitation.§ 554.1016
Appointment of receiver; circumstances; appointment without prior notice or hearing; security.§ 554.1018
Bond; alternative security.§ 554.1019
Status of receiver as lien creditor.§ 554.1022
Powers and duties of receiver.§ 554.1023
Duties of owner.§ 554.1024
Stay or injunction.