Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 44. Trade and Commerce |
Chapter 12. SALES OF SECURITIES |
Article 15. Conservators and Receivers |
Sec 44-2013. Preliminary injunction; appointment of temporary conservator or receiver
Latest version.
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A. The superior court may, after the complaint is filed, issue a preliminary injunction restraining the defendant named in the complaint from removing, encumbering or otherwise disposing of his property located within this state, and the court may in its discretion appoint a temporary conservator or receiver to take possession of the books, records and assets of every description of the defendant, pending further order of the court.
B. The court shall set a time, not more than ten days from the date of the preliminary injunction, for a hearing on the complaint and any response filed thereto, or response to the preliminary injunction.