Michigan § 554.1015 - Selection, appointment, removal, and compensation of receiver; establishment by court rule; jurisdiction.
Full text of Michigan Michigan Compiled Laws § 554.1015 — Selection, appointment, removal, and compensation of receiver; establishment by court rule; jurisdiction., with citation guidance and answers to common questions.
§ 554.1015. Selection, appointment, removal, and compensation of receiver; establishment by court rule; jurisdiction.
(1) Except as provided in this act, the procedure for the selection, appointment, removal, and compensation of a receiver, or a professional engaged under section 15, under this act is as established by the court rules.
(2) The court that appoints a receiver under this act has exclusive jurisdiction to direct the receiver and determine any controversy related to the receivership or receivership property.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 554.1015
What does Michigan Compiled Laws § 554.1015 cover?
Section 554.1015 ("Selection, appointment, removal, and compensation of receiver; establishment by court rule; jurisdiction.") 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 § 554.1015?
A common citation format is "Michigan Compiled Laws § 554.1015" (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 § 554.1015 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.