Status of Receiver

(a) On appointment of a receiver, the receiver has the status of a lien creditor under Article 9A of Title 7, as to receivership property that is personal property or fixtures. (b) On appointment of a receiver, the receiver has the status of a purchaser for value and without notice under Section 35-4-90(a) as to receivership property that is real property. (Act 2024-380, §9.)