Rule 66.Receivers
Current through June 1, 2026 · Last verified July 10, 2026
Full Text of Rule 66
Amendment History
Amended effective January 1, 1987; September 12, 1991.
Plain-English Summary
A receiver is a neutral custodian the court installs to hold and manage property while a case is pending, so that the property does not disappear, get moved out of the court's reach, or lose value before the dispute is resolved. Rule 66 lets a court appoint one before judgment if a party shows a preliminary right to property held by the opposing side and shows that property is in danger, after judgment to carry out or protect what the judgment awards, or in any other case where equity supports it.
Before taking on the role, a receiver must swear to perform the job faithfully and post a bond running to the People of the State of Colorado, not to either party, since the receiver answers to the court rather than to either side. Once a receiver is appointed, the case cannot be dismissed without a court order, which keeps someone from walking away while property remains in the receiver's hands.
Rule 66 also lets a party seek a receiver as the entire point of a lawsuit, not just as backup relief in a larger case. When the request involves a mortgage, deed of trust, or other lien on real property, the rule requires naming the current owner and anyone collecting rent under that lien as defendants, and if the receiver is appointed without advance notice, the order and case papers must be served on the defendants right away and the receiver must notify anyone in possession of the property.
Frequently Asked Questions
When can a Colorado court appoint a receiver before a case is decided?
Rule 66(a)(1) allows a provisional, pre-judgment receiver when the applicant shows a preliminary right to property held by the other party and shows that the property, or its rents and profits, is in danger of being lost, moved beyond the court's reach, or damaged.
Who does a receiver's bond protect?
The bond runs to the People of the State of Colorado rather than to either party, because a receiver is an officer of the court, not an agent of the plaintiff or defendant. Anyone injured by the receiver's default can sue on the bond.
Can appointing a receiver be the only thing a lawsuit asks for?
Yes. Rule 66(d) allows a case whose sole claim for relief is the appointment of a receiver, started by filing a complaint or serving a summons and complaint.
Can a case with a receiver be dismissed by agreement of the parties?
No. Rule 66(c) requires a court order to dismiss any action once a receiver has been appointed, since property remains under the receiver's control until the court says otherwise.