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ARIZONA’S NEW RECEIVERSHIP STATUTE: REVIEWED, INTERPRETED AND APPLIED©, PART XXI

Removal & Termination. A court may only remove a receiver “for cause.”   A.R.S. §33-2620(A).   “Cause” is not defined in the Act.  The comment to UCRERA §22 is not particularly helpful in understanding the circumstances that may constitute “cause”.   Citing to Clark on Receivers the Commissioners state that “[c]ertainly, ‘cause’ would include the …

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