Ala. Code § 6-6-788 (2026) – Status of Receiver. | Midpage
§ 6-6-788
Ala. Code § 6-6-788 (2026)
Status of Receiver.
(Act 2024-380, §9.)
(a) On appointment of a receiver, the receiver has the status of a lien creditor under Article 9A of Title 7, as to receivership property that is personal property or fixtures.
(b) On appointment of a receiver, the receiver has the status of a purchaser for value and without notice under Section 35-4-90(a) as to receivership property that is real property.