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<section article="gcl" article_name="Commercial Law" number="24-401" title_number="24" title_name="Maryland Commercial Receivership Act" subtitle_number="4" subtitle_name="Effect of Receivership">
  <level label="a">
    <text>Except as provided in subsection (c) of this section or ordered by the court, the entry of an order appointing a receiver under § 24–103(a)(2) or (3) of this title shall operate as a stay of an act to:</text>
    <level label="1">
      <text>Commence or continue a judicial, administrative, or other action or proceeding against the owner that was or could have been commenced before entry of the order;</text>
    </level>
    <level label="2">
      <text>Collect, assess, or recover a claim against the owner that arose before entry of the order;</text>
    </level>
    <level label="3">
      <text>Obtain possession of, exercise control over, or enforce a judgment against the receivership property obtained before entry of the order; or</text>
    </level>
    <level label="4">
      <text>Create, perfect, or enforce a lien or other claim against the receivership property that arose before entry of the order.</text>
    </level>
  </level>
  <level label="b">
    <level label="1">
      <text>Except as provided in paragraph (2) of this subsection, a court may order a stay of an act against or relating to an owner if the stay is necessary to:</text>
      <level label="i">
        <text>Protect the receivership property or business; or</text>
      </level>
      <level label="ii">
        <text>Facilitate administration of the receivership.</text>
      </level>
    </level>
    <level label="2">
      <text>A court may not order a stay under paragraph (1) of this subsection, with respect to a governmental unit commencing or continuing an action or proceeding to enforce its police or regulatory power, that includes enforcing a nonmonetary judgment.</text>
    </level>
  </level>
  <level label="c">
    <text>Unless an order is entered under subsection (b) of this section, the following matters are not stayed:</text>
    <level label="1">
      <text>An act to foreclose or otherwise enforce a mortgage by the person seeking appointment of the receiver;</text>
    </level>
    <level label="2">
      <text>An act to perfect, maintain, or continue the perfection of an interest in receivership property;</text>
    </level>
    <level label="3">
      <text>Commencement or continuation of a criminal proceeding;</text>
    </level>
    <level label="4">
      <text>Commencement or continuation of an action or a proceeding by a governmental unit to enforce its police or regulatory power;</text>
    </level>
    <level label="5">
      <text>Enforcement of a judgment other than a money judgment in an action or a proceeding by a governmental unit to enforce its police or regulatory power;</text>
    </level>
    <level label="6">
      <text>Establishment by a governmental unit of a tax liability against the owner or receivership property or an appeal of the liability;</text>
    </level>
    <level label="7">
      <text>The exercise of the right of setoff or recoupment;</text>
    </level>
    <level label="8">
      <text>The commencement of a bankruptcy case under Title 11 of the United States Code; or</text>
    </level>
    <level label="9">
      <text>Any other matter provided under 11 U.S.C. § 362(b) to the extent not inconsistent with any provision of this section.</text>
    </level>
  </level>
  <level label="d">
    <text>A person whose act is stayed under this section may apply to the court for relief from the stay for cause shown.</text>
  </level>
  <level label="e">
    <text>Except as provided in subsections (c) and (d) of this section, the stay shall terminate as to receivership property when:</text>
    <level label="1">
      <text>The property is no longer receivership property; or</text>
    </level>
    <level label="2">
      <text>The court enters:</text>
      <level label="i">
        <text>An order approving the final report; or</text>
      </level>
      <level label="ii">
        <text>An order dismissing the case.</text>
      </level>
    </level>
  </level>
  <level label="f">
    <text>The court may void an act that violates a stay under this section.</text>
  </level>
  <level label="g">
    <text>If a person willfully violates a stay under this section, the court may:</text>
    <level label="1">
      <text>Award the receiver actual damages caused by the violation, including reasonable fees and costs; and</text>
    </level>
    <level label="2">
      <text>Sanction the violation as civil contempt.</text>
    </level>
  </level>
</section>
