HB2627 Session 2025r1 In House Committee

Requires the State Court Administrator to study receivership.

Summary

Digest: Tells the court system to study when it is a good idea to take charge of the assets of companies that cannot pay people they owe money to. (Flesch Readability Score: 66.6). Requires the State Court Administrator to study receivership. Directs the administrator to submit findings to the interim committees of the Legislative Assembly related to receivership not later than September 15, 2026. Sunsets on January 2, 2027.