Minnesota § 576.37 REMOVAL OF RECEIVERS

Minnesota Statutes

§ 576.37 — REMOVAL OF RECEIVERS

Minnesota § 576.37

PartPOSTJUDGMENT REMEDIES; ALTERNATIVE DISPUTE RESOLUTION; BONDS

Ch. 576RECEIVERSHIP

This text of Minnesota § 576.37 (REMOVAL OF RECEIVERS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 576.37 (2026).

Text

Subdivision 1.Removal of receiver. The court may remove the receiver if:

(1)the receiver fails to execute and file the bond required by section576.27;

(2)the receiver resigns, refuses, or fails to serve for any reason; or (3) for other good cause. Subd. 2.Successor receiver. Upon removal of the receiver, if the court determines that further administration of the receivership is required, the court shall appoint a successor receiver. Upon executing and filing a bond under section576.27, the successor receiver shall immediately succeed the receiver so removed and shall assume the duties of receiver. Subd. 3.Report and discharge of removed receiver. Within 14 days after removal, the receiver so removed shall file with the court and serve a report pursuant to section576.38, subdivision 3,

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Subdivision 1.Removal of receiver.
The court may remove the receiver if: (1) the receiver fails to execute and file the bond required by section576.27; (2) the receiver resigns, refuses, or fails to serve for any reason; or (3) for other good cause.

Subd. 2.Successor receiver.
Upon removal of the receiver, if the court determines that further administration of the receivership is required, the court shall appoint a successor receiver. Upon executing and filing a bond under section576.27, the successor receiver shall immediately succeed the receiver so removed and shall assume the duties of receiver.

Subd. 3.Report and discharge of removed receiver.
Within 14 days after removal, the receiver so removed shall file with the court and serve a report pursuant to section576.38, subdivision 3, for matters up to the date of the removal. Upon approval of the report, the court may enter an order pursuant to section576.38discharging the removed receiver.