§ 24–205
Statutes in effect as of October 1, 2026.
Md. Code Ann., Com. Law § 24-205 (2026)
Title 24. Maryland Commercial Receivership Act
Subtitle 2. Appointment of Receiver
§ 24–205LinkCopy Citation
A court that appoints a receiver under this title:
(1)
Has exclusive jurisdiction to direct the receiver and determine any controversy related to the receivership or receivership property wherever located within the State, including all controversies relating to:
(i)
The collection, preservation, improvement, disposition, and distribution of receivership property;
(ii)
The exercise of the receiver’s powers; or
(iii)
The performance of the receiver’s duties; and
(2)
May, on motion by a party in interest or on its own initiative, assign the receivership to a judge who shall be responsible for the entire case during the course of the receivership.