44-9-34. Foreclosure of liens--Appointment of receiver on request of majority of lien holders, parties to action.
59 words·~1 min read·
/sd/title-44/chapter-44-9/44-9-34A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Whenever action has been commenced for the foreclosure of liens, under this chapter, and a majority of the lien holders, parties to such action, shall by motion request the appointment of a receiver, the court may appoint a receiver to take possession of all the property covered by such liens and to take care of and preserve the same.