Conn. Gen. Stat. § 52-643

Current with legislation from the 2024 Regular and Special Sessions.

Section 52-643 - Effect of Enforcement by Mortgagee

A request by a mortgagee for appointment of a receiver, the appointment of a receiver or application by a mortgagee of receivership property or proceeds to the secured obligation does not:

(1) Make the mortgagee a mortgagee in possession of the real property;

(2) Make the mortgagee an agent of the owner;

(3) Constitute an election of remedies that precludes a later action to enforce the secured obligation;

(4) Make the secured obligation unenforceable; or

(5) Limit any right available to the mortgagee with respect to the secured obligation.

Conn. Gen. Stat. § 52-643

Amended by P.A. 22-0026, S. 64 of the Connecticut Acts of the 2022 Regular Session, eff. 5/10/2022.

Added by P.A. 21-0080, S. 25 of the Connecticut Acts of the 2021 Regular Session, eff. 7/1/2023.