Section 554.1015 - Selection, appointment, removal, and compensation of receiver; establishment by court rule; jurisdiction(1) Except as provided in this act, the procedure for the selection, appointment, removal, and compensation of a receiver, or a professional engaged under section 15, under this act is as established by the court rules.(2) The court that appoints a receiver under this act has exclusive jurisdiction to direct the receiver and determine any controversy related to the receivership or receivership property.Amended by 2020, Act 210,s 5, eff. 10/15/2020.Added by 2018, Act 16,s 5, eff. 5/7/2018.