Fla. Stat. 714.07
Disqualification from appointment as receiver; disclosure of interest
(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:Is an affiliate of a party;Has an interest materially adverse to an interest of a party;Has a material financial interest in the outcome of the action, other than compensation the court may allow the receiver;Has a debtor-creditor relationship with a party; orHolds an equity interest in a party, other than a noncontrolling interest in a publicly traded company.(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: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;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; orMaintains with a party a deposit account, as defined in s. 679.1021.(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:
Section 714.07 — Disqualification from appointment as receiver; disclosure of interest, https://www.flsenate.gov/Laws/Statutes/2024/0714.07 (accessed Aug. 7, 2025).