§ 24–406

Statutes in effect as of October 1, 2026.

Md. Code Ann., Com. Law § 24-406 (2026)

Title 24. Maryland Commercial Receivership Act

Subtitle 4. Effect of Receivership

(a)

An assignee for the benefit of creditors shall be treated as a receiver appointed under § 24–201(a)(3) of this title.

(b)

The property assigned shall be treated as receivership property.

(c)

Except for § 24–201 of this title, this title shall govern all proceedings following the filing of the assignment.