Michigan § 554.1034 - Receivership in another state; rights, powers, and duties of ancillary receiver.
Full text of Michigan Michigan Compiled Laws § 554.1034 — Receivership in another state; rights, powers, and duties of ancillary receiver., with citation guidance and answers to common questions.
§ 554.1034. Receivership in another state; rights, powers, and duties of ancillary receiver.
(1) The court may appoint a receiver appointed in another state, or that person's nominee, as an ancillary receiver with respect to property located in this state or subject to the jurisdiction of the court for which a receiver could be appointed under this act, if both of the following apply:
(a) The person or nominee would be eligible to serve as receiver under section 7.
(b) The appointment furthers the person's possession, custody, control, or disposition of property subject to the receivership in the other state.
(2) The court may issue an order that gives effect to an order entered in another state appointing or directing a receiver.
(3) Unless the court orders otherwise, an ancillary receiver appointed under subsection (1) has the rights, powers, and duties of a receiver appointed under this act.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 554.1034
What does Michigan Compiled Laws § 554.1034 cover?
Section 554.1034 ("Receivership in another state; rights, powers, and duties of ancillary receiver.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 554.1034?
A common citation format is "Michigan Compiled Laws § 554.1034" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 554.1034 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.