(1) A court may not appoint a receiver with respect to the following:
- (a) Personal property of an individual that is used primarily for personal, family or household purposes.
- (b) Property of an individual exempt from execution under the laws of this state.
- (c) Any power or interest that a person may exercise solely for the benefit of another person.
- (d) Property held in trust for another person.
- (2) Notwithstanding subsection (1) of this section, a court may appoint a receiver with respect to property described in subsection (1)(a) of this section in a domestic relations suit.
- (3) A court may appoint a receiver with respect to any nonexempt interest in property that is partially exempt from execution, including fee title to real property subject to a homestead exemption.
[2017 c.358 §5]