# Fla. Stat. § 714.07: 714.07 Disqualification from appointment as receiver; disclosure of interest

> Florida · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C714_S714.07

## Section

- **Citation:** Fla. Stat. § 714.07
- **Heading:** 714.07 Disqualification from appointment as receiver; disclosure of interest
- **Jurisdiction:** Florida
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Florida Code / Title XL / Chapter 714 / Section 714.07

## Text

(1) 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.

(2) Except as otherwise provided in subsection (3), a person is disqualified from appointment as receiver if the person: (a) Is an affiliate of a party; (b) Has an interest materially adverse to an interest of a party; (c) Has a material financial interest in the outcome of the action, other than compensation the court may allow the receiver; (d) Has a debtor-creditor relationship with a party; or (e) Holds an equity interest in a party, other than a noncontrolling interest in a publicly traded company.

(3) A person is not disqualified from appointment as receiver solely because the person: (a) 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; (b) 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; or (c) Maintains with a party a deposit account, as defined in s. 679.1021.

(4) A person seeking appointment of a receiver may nominate a person to serve as receiver, but the court is not bound by the nomination.

History: s. 1, ch. 2020-106.

## Nearby sections

- [Fla. Stat. § 714.01 714.01 Short title.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C714_S714.01.md)
- [Fla. Stat. § 714.02 714.02 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C714_S714.02.md)
- [Fla. Stat. § 714.03 714.03 Notice and opportunity for hearing.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C714_S714.03.md)
- [Fla. Stat. § 714.04 714.04 Scope; exclusions.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C714_S714.04.md)
- [Fla. Stat. § 714.05 714.05 Power of the court.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C714_S714.05.md)
- [Fla. Stat. § 714.06 714.06 Appointment of receiver.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C714_S714.06.md)
- [Fla. Stat. § 714.07 714.07 Disqualification from appointment as receiver; disclosure of interest.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C714_S714.07.md)
- [Fla. Stat. § 714.08 714.08 Receiver’s bond; alternative security.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C714_S714.08.md)
- [Fla. Stat. § 714.09 714.09 Status of receiver as lien creditor.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C714_S714.09.md)
- [Fla. Stat. § 714.10 714.10 Security agreement covering after-acquired property.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C714_S714.10.md)
- [Fla. Stat. § 714.11 714.11 Collection and turnover of receivership property.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C714_S714.11.md)
- [Fla. Stat. § 714.12 714.12 Powers and duties of receiver.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C714_S714.12.md)
- [Fla. Stat. § 714.13 714.13 Duties of owner.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C714_S714.13.md)
- [Fla. Stat. § 714.14 714.14 Stay; injunction.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C714_S714.14.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C714_S714.07. Check the current official text before relying on it. Not legal advice.