Missouri Laws 515.535 – Receiver to have powers and priority of creditor
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Terms Used In Missouri Laws 515.535
- Lien: A claim against real or personal property in satisfaction of a debt.
- Property: includes real and personal property. See Missouri Laws 1.020
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
As of the time of appointment, and subject to the provisions of subdivision (3) of subsection 3 of section 515.575, the receiver shall have the powers and priority as if it were a creditor that obtained a judicial lien at the time of appointment on all of the debtor’s property that is subject to the receivership, subject to satisfaction of recording requirements as to real property pursuant to subdivision (3)* of subsection 2 of section 515.545.