<?xml version='1.0' encoding='utf-8'?>
<section article="gcl" article_name="Commercial Law" number="24-202" title_number="24" title_name="Maryland Commercial Receivership Act" subtitle_number="2" subtitle_name="Appointment of Receiver">
  <level label="a">
    <text>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:</text>
    <level label="1">
      <text>A receiver appointed in another state; or</text>
    </level>
    <level label="2">
      <text>A nominee of the receiver in the other state.</text>
    </level>
  </level>
  <level label="b">
    <text>An ancillary receiver under subsection (a) of this section shall:</text>
    <level label="1">
      <text>Be eligible to serve as a receiver under § 24–203 of this subtitle; and</text>
    </level>
    <level label="2">
      <text>Further the person’s possession, custody, control, or disposition of property subject to the receivership in the other state.</text>
    </level>
  </level>
  <level label="c">
    <text>A court may issue an order that gives effect to an order entered in another state appointing or directing a receiver.</text>
  </level>
  <level label="d">
    <text>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.</text>
  </level>
</section>
