Disqualification from appointment as receiver; disclosure of interest.
F.S. 714.07
in effect(1)
The court may not appoint a person as receiver unless the person submits to the court a statement under penalty of perjury that the person is not disqualified.
(2)
Except as otherwise provided in subsection (3), a person is disqualified from appointment as receiver if the person:
(a)
Is an affiliate of a party;
(b)
Has an interest materially adverse to an interest of a party;
(c)
Has a material financial interest in the outcome of the action, other than compensation the court may allow the receiver;
(d)
Has a debtor-creditor relationship with a party; or
(e)
Holds an equity interest in a party, other than a noncontrolling interest in a publicly traded company.
(3)
A person is not disqualified from appointment as receiver solely because the person:
(a)
Was appointed receiver or is owed compensation in an unrelated matter involving a party or was engaged by a party in a matter unrelated to the receivership;
(b)
Is an individual obligated to a party on a debt that is not in default and was incurred primarily for personal, family, or household purposes; or
(c)
Maintains with a party a deposit account, as defined in s. 679.1021.
(4)
A person seeking appointment of a receiver may nominate a person to serve as receiver, but the court is not bound by the nomination.
Source: FL Statutes (Official Site)URL: https://www.flsenate.gov/Laws/Statutes/2025/Chapter714/AllFetched: 7/8/2026