§ 47-35-04 — Enforcement of security interest in rents

1. An assignee may enforce an assignment of rents using any method sufficient to
enforce the assignment under law of this state, including notice to the assignor, notice
to the tenant, and the appointment of a receiver.
2. From the date of enforcement, the assignee or, in the case of enforcement by
appointment of a receiver, the receiver is entitled to collect all rents that have accrued
but remain unpaid on that date and accrue on or after that date, as those rents accrue.