# Minn. Stat. § 576.24: TYPES OF RECEIVERSHIPS

> Minnesota · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MN_P570_583_C576_S576.24

## Section

- **Citation:** Minn. Stat. § 576.24
- **Heading:** TYPES OF RECEIVERSHIPS
- **Jurisdiction:** Minnesota
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MN Code / Part 570_583 / Chapter 576 / Section 576.24

## Text

A receivership may be either a limited receivership or a general receivership. Any receivership which is based upon the enforcement of an assignment of rents or leases, or the foreclosure of a mortgage lien, judgment lien, mechanic's lien, or other lien pursuant to which the respondent or any holder of a lien would have a statutory right of redemption, shall be a limited receivership. If the order appointing the receiver does not specify whether the receivership is a limited receivership or a general receivership, the receivership shall be a limited receivership unless and until the court by later order designates the receivership as a general receivership, notwithstanding that pursuant to section 576.25, subdivision 8 , a receiver may have control over all the property of the respondent. At any time, the court may order a general receivership to be converted to a limited receivership and a limited receivership to be converted to a general receivership.

## Nearby sections

- [Minn. Stat. § 576.21 § 576.21 DEFINITIONS.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P570_583_C576_S576.21.md)
- [Minn. Stat. § 576.22 § 576.22 APPLICABILITY OF CHAPTER AND OF COMMON LAW.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P570_583_C576_S576.22.md)
- [Minn. Stat. § 576.23 § 576.23 POWERS OF THE COURT.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P570_583_C576_S576.23.md)
- [Minn. Stat. § 576.24 § 576.24 TYPES OF RECEIVERSHIPS.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P570_583_C576_S576.24.md)
- [Minn. Stat. § 576.25 § 576.25 APPOINTMENT OF RECEIVERS; RECEIVERSHIP NOT A TRUST.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P570_583_C576_S576.25.md)
- [Minn. Stat. § 576.26 § 576.26 ELIGIBILITY OF RECEIVER.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P570_583_C576_S576.26.md)
- [Minn. Stat. § 576.27 § 576.27 BOND.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P570_583_C576_S576.27.md)
- [Minn. Stat. § 576.28 § 576.28 IMMUNITY; DISCOVERY FROM RECEIVER.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P570_583_C576_S576.28.md)
- [Minn. Stat. § 576.29 § 576.29 POWERS AND DUTIES OF RECEIVERS; GENERALLY.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P570_583_C576_S576.29.md)
- [Minn. Stat. § 576.30 § 576.30 RECEIVER AS LIEN CREDITOR; REAL PROPERTY RECORDING; SUBSEQUENT SALES OF REAL PROPERTY.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P570_583_C576_S576.30.md)
- [Minn. Stat. § 576.31 § 576.31 DUTIES OF RESPONDENT.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P570_583_C576_S576.31.md)
- [Minn. Stat. § 576.32 § 576.32 EMPLOYMENT AND COMPENSATION OF PROFESSIONALS.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P570_583_C576_S576.32.md)
- [Minn. Stat. § 576.33 § 576.33 SCHEDULES OF PROPERTY AND CLAIMS.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P570_583_C576_S576.33.md)
- [Minn. Stat. § 576.34 § 576.34 NOTICE.](https://www.frixlaw.com/law-library/statutes/STATE_MN_P570_583_C576_S576.34.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MN_P570_583_C576_S576.24. Check the current official text before relying on it. Not legal advice.