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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The Superior Court may appoint a receiver appointed in another state, or that person's nominee, as an ancillary receiver with respect to property located in the District or subject to the jurisdiction of the Superior Court for which a receiver could be appointed under this chapter, if:
(1) The person or nominee would be eligible to serve as receiver under § 42-1646; and
(2) The appointment furthers the person's possession, custody, control, or disposition of property subject to the receivership in the other state.
(b) The Superior Court may issue an order that gives effect to an order entered in another state appointing or directing a receiver.
(c) Unless the Superior Court orders otherwise, an ancillary receiver appointed under subsection (a) of this section has the rights, powers, and duties of a receiver appointed under this chapter.
Cite this article: FindLaw.com - District of Columbia Code Division VII. Property. § 42-1663. Receivership in another state; ancillary proceeding. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-vii-property/dc-code-sect-42-1663/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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