§ 24–202
Statutes in effect as of October 1, 2026.
Md. Code Ann., Com. Law § 24-202 (2026)
Title 24. Maryland Commercial Receivership Act
Subtitle 2. Appointment of Receiver
§ 24–202LinkCopy Citation
(a)
Subject to subsection (b) of this section, a court may appoint as an ancillary receiver for property located in the State or subject to the jurisdiction of the court for which a receiver could be appointed under this title:
(1)
A receiver appointed in another state; or
(2)
A nominee of the receiver in the other state.
(b)
An ancillary receiver under subsection (a) of this section shall:
(1)
Be eligible to serve as a receiver under § 24–203 of this subtitle; and
(2)
Further the person’s possession, custody, control, or disposition of property subject to the receivership in the other state.
(c)
A court may issue an order that gives effect to an order entered in another state appointing or directing a receiver.
(d)
Unless the court orders otherwise, an ancillary receiver appointed under subsection (a) of this section has the rights, powers, and duties of a receiver appointed under this title.