{"data":{"id":"us-az/a.r.s.-33-2606","jurisdiction":"us-az","citation":"A.R.S. § 33-2606","heading":"Disqualification from appointment as a receiver; exceptions; nomination","body":"A. The court may not appoint a person as receiver unless the person submits to the court a statement under penalty of perjury that the person is not disqualified.\n\nB. Except as otherwise provided in subsection C of this section, a person is disqualified from appointment as receiver if the person:\n\n1. Is an affiliate of a party.\n\n2. Has an interest materially adverse to an interest of a party.\n\n3. Has a material financial interest in the outcome of the action, other than compensation the court may allow the receiver.\n\n4. Has a debtor-creditor relationship with a party.\n\n5. Holds an equity interest in a party, other than a noncontrolling interest in a publicly traded company.\n\nC. A person is not disqualified from appointment as receiver solely because the person:\n\n1. Was appointed receiver or is owed compensation in an unrelated matter involving a party or was engaged by a party in a matter unrelated to the receivership.\n\n2. Is an individual obligated to a party on a debt that is not in default and was incurred primarily for personal, family or household purposes.\n\n3. Maintains with a party a deposit account as defined in section 47-9102.\n\nD. A person seeking the appointment of a receiver may nominate a person to serve as receiver.","path":["Title 33 Property"],"source_url":"https://www.azleg.gov/ars/33/02606.htm","current_through":"2026-09-04","vintage":"2026-08-09","retrieved_at":"2026-09-04T00:49:56Z","sha256":"10b0bb4ccea9e76f5bec69402ac601c5ba4a759f71323da43c21e7be803efe07","source_id":"us-az","stale":true,"prev":"us-az/a.r.s.-33-2605","next":"us-az/a.r.s.-33-2607"},"notice":"GroundRules: Original legal text. Not legal advice."}