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Current as of January 01, 2024 | Updated by Findlaw Staff
If the court grants the petition to place the mobile home park into receivership, the court shall appoint the commissioner as receiver. The commissioner may designate a qualified individual or a nonprofit organization to execute the receivership. An individual designated to execute the receivership may not be employed by this state or a political subdivision. The receiver shall use the income and assets of the mobile home park to maintain and operate the mobile home park and to attempt to correct the violations of chapter 23-10, the administrative rules of the department, or other condition which constitutes a threat to health or safety. The receiver may not liquidate the assets of the mobile home park.
Cite this article: FindLaw.com - North Dakota Century Code Title 23. Health and Safety § 23-10.1-03. Appointment of receiver - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-23-health-and-safety/nd-cent-code-sect-23-10-1-03/
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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